- Members - Register - Brokers Only - Bookmark RightBiz

 
Related Ads > Norfolk Business for Sale > Newsagents to Buy > Newsagents in Norfolk for Sale 

Freehold Counter News, Confectionery, Tobacco Slight Convenience Groceries With Sub Post Office

Undisclosed Norfolk
Situated in a parade, excellent trading position, close to the seafront, NORFOLK.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 63242
ADVERT IMPRESSIONS : 12,731 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Newsagents
SALE: Agent Sale

FREEHOLD:

£385000
 

Add this business advert to your:

 
   

BUSINESS DETAILS:

Features : Spacious Sales Shop, approx. 650 sq. ft. sales area, modernised and refurbished to a high standard, approx. 5 years ago. Quality non slip floor, suspended ceiling with concealed lighting, modern adjustable shelving, counter, electronic cash register, greeting card display stand, revolving card display stand, revolving booking display stand, open multi-deck cool display unit (for sandwiches and milk), upright double door drinks display fridge (on loan from Coca Cola), upright single door drinks display fridge (on loan from Lucozade), post office counter with anti-bandit screen (4 positions), etc.

Rear Stockroom, Office, Staff Kitchen plus additional Kitchen and staff w.c.

Location : Situated in a parade, excellent trading position, close to the seafront, NORFOLK.

Opening Hours : Retail Shop:

Monday & Tuesday - 6.30 a.m. - 5.30 p.m.
Wednesday - 6.30 a.m. - 7.30 p.m.
Thursday & Friday - 6.30 a.m. - 5.30 p.m.
Saturday - 7 a.m. - 7.30 p.m.
CLOSED SUNDAYS & ALL BANK HOLIDAYS

Post Office Section:

Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 2 p.m.

It will be appreciated upon inspection that there is terric potential for additional opening hours.

Turnover : WE ARE INFORMED the average weekly turnover is currently in the region of £5,000/£5,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence and, indeed with additional opening hours. Wholesale newsbill £300 p.w. Post office salary currently £69,292 p.a. (including commission received in respect of the sale of on line National Lottery Tickets and scratchcards).

Tenure : Uniform Business Rates: £1,145 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD PROPERTY WITH 3 FLATS, IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £385,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The owner's private accommodation all in GOOD CONDITION, FULLY CARPETED and with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Lounge
Kitchen with fitted units
Fully tiled bathroom with bath, shower over bath, wash hand basin
Separate w.c.

Second Floor
2 Double Bedrooms

In addition stairs to attic bedroom with ample space for 2 single beds.

Included in the sale are 2 further flats

Flat at 41a via private entrance. Large entry hall to ground floor. Is at present let on a shorthold tenancy and provides a rental income of £120 p.w. (£6,240 p.a).

First floor:
Lounge.
Kitchen.
Bathroom with bath, w.c. & wash hand basin.

Second floor:
2 double bedrooms.

Third floor:
Attic bedroom.


Second flat known as 42a. Rear private entrance. This flat is currently let on a shorthold tenancy and provides a rental income of £140 p.w. with effect from April, 2010 (providing a rental income of £7,280 p.a).

W.c., small store room. Reception/Bedroom.

First floor:
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Second floor:
2 double bedrooms.

Staff : The business is at present operated by a husband and wife team, with the assistance of 3 staff. Wages paid in the region of £620 p.w.
   
  FOR SALE
   

REFERENCE:

C7687 / RightBiz
   
  Request more information about this business..

ENQUIRIES:

  CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY
 
 
Find Similar Businesses - Sell your Business - Get Email Alerts
 

Add this business advert to your:

   
   

 
 
 

Terms & Conditions - Privacy Statement - Sitemap - Support
RightBiz Ltd. Company No. 07315996 - © 2012 All Rights Reserved.