Well Estabished Mainly Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks | | Undisclosed West Sussex | | Situated in a parade, excellent main road trading position, WEST SUSSEX | | ADVERT NUMBER : 66712
ADVERT IMPRESSIONS : 13,021 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | BUSINESS DETAILS: | Features : This well established Newsagents has been in the same hands since 1997 and there are genuine reasons for sale.
Large Pay & Display Car Park in front of parade
SINGLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with carpet tiled floor, suspended ceiling and well equipped including 3-door sliding glass fronted drinks display fridge (used for soft drinks etc), 2m open cool display unit (used for soft drinks, sandwiches etc), 10 greeting card display stands with drawers, 6 revolving card display stands (including 5 on loan), large magazine display section, counter, 2 electronic cash registers, glass display cabinet (used for tobacco pouches, pipes), additional glass display cabinet (used for lighters).
Small stockroom
Staff w.c.
Kitchenette area
Location : Situated in a parade, excellent main road trading position, WEST SUSSEX
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 5 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is also potential for the introduction of the sale of wines, beers and spirits, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,000 p.w. We are further advised that the sales year ending 30th November, 2009 showed £286,704 with a gross profit of £80,544 and a net profit of £30,849
Tenure : We understand the premises are held on a secure renewable lease, the present lease expiring on the 24th March, 2017 at a rental of £22,124 p.a. exclusive of rates up to the 20th March, 2012, with rent to be agreed thereafter.
Uniform Business Rates: £9,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Rear access for loading and unloading
Staff : The business is at present operated by a lady vendor with the assistance of her brother-in-law on a part time basis plus additional help when required. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
