News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Off Licence Wines & Beers Only | | Undisclosed West Sussex | | Situated in a parade of 7 shops, residential area, WEST SUSSEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70859
ADVERT IMPRESSIONS : 11,143 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £65000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : CAR PARK IN FRONT OF PARADE FOR APPROXIMATELY 20 CARS (Restricted to 1 hour daytime).
DOUBLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, fluorescent lighting. 1.5m open cool display unit, 3 upright double door glass fronted display fridges (2 on loan from Coca Cola whilst the 3rd is owned), hot pie display cabinet, hot drinks machine (owned), centre display gondola, counter, electronic cash register, cigarette gantry (on loan).
Small stockroom with storage fridge
Staff w.c. and wash hand basin
Location : Situated in a parade of 7 shops, residential area, WEST SUSSEX
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 1 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £5,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 p.w. Gross profit we are advised in the region of 24%.
Tenure : We understand the premises are held on a secure renewable Council lease for a period of 15 years from January, 2011 at a rental of £15,000 p.a. plus VAT exclusive of rates up to January, 2016, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,000 p.a. approx. (after small business relief)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £650 per month, however, we understand vacant possession can be given on completion, if required. The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Fitted kitchen including washing machine plus fridge/freezer
Outside : Garden. Garage.
Staff : The business is at present operated by the vendor's son on a full time basis with the assistance of family help when required. 7 morning newsrounds. Delivery charge £2 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | C7818 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
