News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence | | Undisclosed Cambridgeshire | | Situated in a parade, busy road, residential ara, CAMBRIDGESHIRE | | ADVERT NUMBER : 63195
ADVERT IMPRESSIONS : 12,544 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £67500 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling and fully equipped including modern adjustable shelving, counter, till with EPOS scanning, 1 greeting card display stand, ice cream deep freeze, 1 glass topped chest display deep freeze, 2 open cool display units (1 used for soft drinks, sandwiches, milk etc whilst the other is used for wines and beers) etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, busy road, residential ara, CAMBRIDGESHIRE
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 8 p.m.
Turnover : WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £100 p.w.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The SELF CONTAINED accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Outside : Garden at rear
Staff : At present operated under management. Staff employed 1 full time manager plus 1 full time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. 4 morning newsboys employed. Delivery charge £1/£3 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
