Profitable Well Established News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence | | Undisclosed West Midlands | | Situated in a parade, main road trading position, residential area, WEST MIDLANDS. | | ADVERT NUMBER : 65088 ADVERT IMPRESSIONS : 11,707 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £46500 | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, suspended ceiling with fluorescent lighting. The equipment includes counter, electronic cash register, 2 greeting card display stands, 3 double door glass fronted display fridge (includng 1 on loan from Coca Cola), 1 single door glass fronted display fridge etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, main road trading position, residential area, WEST MIDLANDS.
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 7.30 p.m. Sunday opening - 6 a.m. - 2 p.m. We understand the Off Licence can be open until 10 p.m. if desired
Turnover : WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £950 p.w. Gross profit 24% approx.
Tenure : We understand the premises are held on a secure renewable lease at a current rental of £8,200 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £46,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation comprises:
3 Bedrooms (2 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge/Dining Room Large Kitchen
Outside : Yard at rear. Double Garage
Staff : The business is at present operated by the vendor's son. 2 morning newsboys. 5 evening newsboys. Delivery charge 50p/£1 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |