Profitable Counter News, Confectionery, Tobacco Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Manchester | | Situated in a terrace, densely populated residential area, LANCASHIRE. This business should benefit from a new college nearby which we understand is due to open in September, 2011 and will accommodate approximately 1,400 students. | | ADVERT NUMBER : 63265
ADVERT IMPRESSIONS : 16,077 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £40000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, suspended ceiling. Counter, electronic cash register, ice cream deep freeze, open cool display unit (used for beers), 2 upright double door drinks display fridges (both on loan), shelving etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a terrace, densely populated residential area, LANCASHIRE. This business should benefit from a new college nearby which we understand is due to open in September, 2011 and will accommodate approximately 1,400 students.
Opening Hours : Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 6 p.m.
It will be appreciated upon inspection that there is potential to undertake newspaper deliveries, if desired.
Turnover : WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering further potental to increase in the right hands. Wholesale newsbill £270 p.w. Gross profit we are advised in the region of 25% approx. In our opinion in view of the large student population in the area, there is terrific potential for introducing Paypoint, Payzone, Western Union and possibly Lottery, subject to obtaining the various agencies.
Tenure : We understad the premises are held on a secure renewable lease, the present lease having approximately 5½ years unexpired at a rental of £9,100 p.a. exclusive of rates. We further understand the landlord will extend the lease for a futher 15 years at terms and rent to be agreed.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 no offers plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
PLEASE NOTE THE PURCHASER IS TO BE RESPONSIBLE FOR THE LANDLORD'S LEGAL COSTS.
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, available under separate negotiation is at held on a shorthold tenancy at a rental of £450 per month, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Outside : Yard at rear
Staff : At present operated by a lady vendor with minor help from a relative | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
