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Related Ads > Northamptonshire Business for Sale > Freehold Newsagents for Sale > Newsagents in Northamptonshire for Sale 

Freehold Old Established Semi-detached News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries Plus On Line National Lottery For Sal

Undisclosed Northamptonshire
Situated residential area, NORTHAMPTONSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70906
ADVERT IMPRESSIONS : 9,666 TIME(S)

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

FREEHOLD:

£295000
 

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BUSINESS DETAILS:

Features : This old established business has been in the same hands for the past 25 years and is now solely offered for sale due to the vendor's retirement.

Large park at rear of property

Forecourt to MEDIUM SIZED SALES SHOP well equipped including counter, electronic cash register, large glass topped chest deep freeze, 1 open chiller unit, ice cream deep freeze (owned), shelving, 1 greeting card display stand with drawers, 2 revolving card display stands (both on loan), shelving.

Rear stockroom with fridge/freezer

Location : Situated residential area, NORTHAMPTONSHIRE

Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 7 p.m.

Turnover : WE ARE INFORMED the turnover currently averages £4,200 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers spirits, subject to obtaining the necessary licence. Wholesale newsbill £700 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a further income of approx. £100 p.w. The business also has Payzone and we understand this provides a further income of approx. £80/£100 per month. We are further advised that the sales year ending 30th April, 2011 showed £208,334 with a gross profit of £32,750 plus a commission received of £5,174

Tenure : Uniform Business Rates: £735 p.a. approx. (after small business relief)

AS STATED THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £295,000 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The EXCELLENT accommodation with FULL GAS FIRED CENTRAL HEATING and including a rear ground floor extension, built approx. 1993, comprises:

Ground Floor
Lounge with gas coal effect fire, adjoining fully fitted kitchen
Shower room with shower (needs new shower), w.c. and wash hand basin

First Floor
3 Bedrooms (2 doubles, 1 large single - in our opinion could accommodate a double bed)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin

Outside : Rear garden with lawn plus patio area. Brickbuilt store

Staff : The business is at present operated by a husband and wife team and no staff are employed. 1 large newsround undertaken - delivery charge £3.50/£5 p.w.
   
  FOR SALE
   

REFERENCE:

C7822 / RightBiz
   
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