News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries | | Undisclosed Kent | | Situated in a parade, busy road, close to Railway Station, KENT | | ADVERT NUMBER : 63266
ADVERT IMPRESSIONS : 7,196 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £80000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 850 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting. Counter, electronic cash register, 2 greeting card display stands with drawers, ice cream deep freeze (owned), 1-3m open cool display unit (for soft drinks), modern shelving etc.
Office
Stockroom
Staff w.c. and wash hand basin
Location : Situated in a parade, busy road, close to Railway Station, KENT
Opening Hours : Monday - Friday inclusive - 5.30 a.m. - 8 p.m.
Sunday opening - 6 a.m. - 3 p.m.
Turnover : WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 25% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approximately £140 p.w. In addition the business has Payzone which we understand providesa furthe revenue of approximately £20 p.w.
Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from October, 2008 at a rental of £7,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,800 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING is available on a shorthold tenancy at a rental of £475 per month and comprises:
2 Bedrooms (1 double, 1 single)
Large Lounge
Kitchen with fitted units
Outside : Yard at rear
Staff : The business is at present operated by a husband and wife team and no staff are employed. 2 morning newsboys employed. Delivery charge £1.50 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
