Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Full Free Off Licence Plus On Line National Lottery | | Undisclosed Northamptonshire | | Situated in a parade, main road trading position, adjacent to Debenhams, town centre, NORTHAMPTONSHIRE | | ADVERT NUMBER : 63413
ADVERT IMPRESSIONS : 11,278 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £159950 | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Air conditioning/heating. Fully equipped including 3 revolving greeting card stands (on loan), ice cream deep freeze, 2 large Coca Cola display drinks fridges (on loan from Coca Cola), 1-2.2m open cool display unit (used for wines and beers), counter, 2 tills with EPOS scanning system, cigarette gantry (on loan) etc.
Basement ideal for storage purposes
Location : Situated in a parade, main road trading position, adjacent to Debenhams, town centre, NORTHAMPTONSHIRE
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £450 p.w. Gross profit we are advised in the region of 20%. 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 £220 p.w. The business also has Paypoint/Payzone and we understand this provides a further revenue of approximately £200 p.w.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £13,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £159,950 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : There are various rooms as follows, over the shop, which in our opinion with modernisation could be converted into living accommodation:
First Floor
2 Rooms
Second Floor
Additional 2 Rooms
Third Floor
A further 2 Rooms
Fourth Floor
1 Additional Room
Staff : The business is at present operated by a husband and wife team with the assistnace of 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
