Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Soft Drinks | | Undisclosed Leicestershire | | Situated in a parade, excellent trading position, opposite a club, city centre, LEICESTERSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68241
ADVERT IMPRESSIONS : 11,993 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £69500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED MEDIUM SIZED SALES SHOP, carpeted. The equipment includes counter, electronic cash register, 1 upright single door drinks display fridge (on loan from Coca Cola), 1-2m open cool display unit (used for soft drinks), 1 revolving card stand (on loan), shelving, ice cream deep freeze (owned) etc.
Location : Situated in a parade, excellent trading position, opposite a club, city centre, LEICESTERSHIRE
Opening Hours : Monday - Friday inclusive - 7.30 a.m. - 5 p.m.
Saturday opening - 9.30 a.m. - 4 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £3,200 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licenses and also with additional opening hours. Wholesale newsbill £200 p.w. Gross profit 25% approx. In addition the business has on line national lottery plus scratch cards and we understand this provides a commission of approximately £100 p.w. The business also sells Top-ups and we understand this provides a further revenue of approximately £40/£50 p.w. In addition there is an external ATM machine which we understand provides an average revenue of approximately £650 per month.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £9,750 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£4,000/£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over (also with internal access from the shop) comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Kitchen with fitted unit
Outside : Small yard at rear
Staff : The business is at present operated by the vendor and no staff are employed. | | | | | | FOR SALE | | | | | REFERENCE: | C7784 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
