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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

News, Confectionery, Full Free Off Licence With Post Office Local Plus Reduced For Early Sale To £85,000 Plus Stock At Valuation, Subject To Contract

Undisclosed, Lancashire
Leasehold Price:
£85,000
Status
SOLD / WITHDRAWN
Advert ID
199222
Reference
C8867 / Rightbiz
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,000/£2,300 p.w. We are further advised that the gross profit is in the region of 24%. The business has a Post Office Local Plus & we are advised that the post office income at the present time is in the region of £36,000 p.a.The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy & provides a rental income of £400 per month, however we understand that vacant possession can be given on completion, if required. The SELF CONTAINED FLAT comprises:2 Bedrooms (1 double, 1 single)Bathroom with bath, shower over bath, w.c. & wash hand basinLarge 'L' shaped loungeFitted kitchenPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£25,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £85,000
Tenure: Leasehold
Location: Undisclosed, Lancashire
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £338,000
Contact Agent
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Advert Reference: C8867 / Rightbiz

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