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

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Status
FOR SALE
Advert ID
201319
Reference
C8874 / RightBiz

Details

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £850 p.w. We are further advised that the gross profit is in the region of 25%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £200/£250 p.w. The business also has Oyster which we understand provides a further commission of £200/£250 p.w.
The accommodation in the form of a SELF CONTAINED GROUND FLOOR FLAT is currently let on a shorthold tenancy & provides a rental income of £1,000 per month, howeve we understand that vacant possession can be given on completion, if required. The FLAT with ELECTRIC NIGHT STORAGE HEATERS, comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted kichen area

In addition included in the sale is a shop area let on a shorthold tenancy & providing a rental income of £800 per month.
Price :
TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£14,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £95,000
Tenure: Leasehold
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £338,000
Listing Statistics
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Disclaimer
The data showed regarding this advert 'News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence For Sale - C8874 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.