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News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Slight Convenience Groceries, On Line National Lottery Plus Post Office Local for Sale

Undisclosed, Surrey
Leasehold Price:
£125,000
Status
FOR SALE
Advert ID
245855
Reference
C9160 / Rightbiz
WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,650 p.w. Post office income in the region of £27,000 p.a. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w. We are further advised that the sales year ending 31st August, 2017 showed sales of £339,966 with a gross profit of £57,176 plus lottery commission of £7,800 p.a. & post office local commission of £24,709 providing a total gross profit of £93,510 (including post office income, lottery & oyster commission).Accommodation in the form of a SPACIOUS MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental incom of £1,425 per month, however we understand that vacant possession can be given, subject to 3 months notice, to the existing tenants. The SPACIOUS accommodation comprises:3 Bedrooms (2 doubles, 1 single)Bathroom with bath, shower over bath, w.c. & wash hand basinLarge LoungeKitchen with fitted unitsPrice : TO INCLUE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £125,000
Tenure: Leasehold
Location: Undisclosed, Surrey
Sector: Newsagents, Post Offices
Financials
Annual Turnover: £390,000
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Advert Reference: C9160 / Rightbiz

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The data showed regarding this advert 'News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Slight Convenience Groceries, On Line National Lottery Plus Post Office Local for Sale - C9160 / 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.
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