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Related Ads > Leicestershire Business for Sale > Newsagents to Let > Newsagents in Leicestershire for Sale 

Profitable Counter News, Confectionery, Tobacco, Sight Convenience Groceries, Full Free Off Licence

Undisclosed Leicestershire
Situated in a parade, excellent trading positiion, LEICESTER
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 65190
ADVERT IMPRESSIONS : 12,958 TIME(S)

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

LEASEHOLD:

£99500
 

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BUSINESS DETAILS:

Features : SINGLE FRONTED SALES SHOP in the region of 300/350 sq. ft. sales area, woodstrip floor, suspended ceiling with concealed lighting. Air conditioning/heating unit. Modern adjustable shelving, counter, electronic cash register, greeting card display, hot drinks machine, Walls 3-tier ice cream deep freeze (owned), 1-4ft open cool display chiller, 1-8ft open cool display chiller unit etc.

Staff cloakroom with w.c. and wash hand basin

First floor stockroom

Second floor additional room (not used at present)

Location : Situated in a parade, excellent trading positiion, LEICESTER

Opening Hours : Monday - Saturday inclusive - 7 a.m. - 6.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.

Turnover : WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 19% approx. 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 £200 p.w. The business also has Payzone and we understand this provides a further income of between £50/60 p.w. In addition there is Western Union Money Transfer and we understand this provides a further revenue of between £40/£50 p.w.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £9,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Service area at rear for rubbish bins

Staff : The business is at present operated by a husband and wife team with the assistance of family help when required.
   
  FOR SALE
   

REFERENCE:

C7737 / RightBiz
   
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ENQUIRIES:

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