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Related Ads > Cambridgeshire Business for Sale > Leasehold Newsagents to Let > Newsagents in Cambridgeshire for Sale 

News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence For Sale

Undisclosed Cambridgeshire
Situated in a parade, busy road, residential ara, CAMBRIDGESHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71915
ADVERT IMPRESSIONS : 9,108 TIME(S)

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

LEASEHOLD:

£60000
 

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BUSINESS DETAILS:

Features : SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling and fully equipped including modern adjustable shelving, counter, till with EPOS scanning, 1 greeting card display stand, ice cream deep freeze, 1 glass topped chest display deep freeze, 2 open cool display units (1 used for soft drinks, sandwiches, milk etc whilst the other is used for wines and beers) etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, busy road, residential ara, CAMBRIDGESHIRE

Opening Hours : Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 10 p.m.

Turnover : WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £80 p.w.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SELF CONTAINED accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Outside : Garden at rear

Staff : The business is at present operated by the vendor's son on a full time basis with the assistance of staff. 4 newsboys employed. Delivery charge £2 p.w.
   
  FOR SALE
   

REFERENCE:

C7839 / RightBiz
   
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ENQUIRIES:

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