Profitable News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence | | Undisclosed East Sussex | | Situated in a parade, main road trading position, densely populated residential area, EAST SUSSEX | | ADVERT NUMBER : 66780
ADVERT IMPRESSIONS : 11,583 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED SALES SHOP with laminated strip floor, suspended ceiling with concealed lighting. Air conditioning unit. The equipment includes counter, cigarette gantry (on loan), till with EPOS scanning system, 1 open cool display unit (used for soft drinks), 2 upright double door drinks display fridges (owned, 1 used for beers whilst the other is used for wine), shelving.
2 small stockrooms
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, main road trading position, densely populated residential area, EAST SUSSEX
Opening Hours : Sunday - Thursday inclusive - 5.45 a.m. - 1 a.m.
Friday & Saturday we understand the business opens 24 hours per day
Turnover : WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,000 p.w. Gross profit 22% approx. In addition the business has Payzone and we understand this provides a further revenue of approximately £15/£20 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 £10,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Small yard area at rear (for rubbish bins)
Staff : The business is at present operated by the vendor on a part time basis with the assistance of his wife on a full time basis plus 1 full time and 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
