Most superior & spacious modern (built 1985 approx) NEWS, CONFECTIONERY, TO
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,600 sq. ft. sales area with carpet tiled floor, fluorescent lighting, modern adjustable shelving, large magazine display section, glass fronted counter, 2 tills, EPOS scanning system with back-up computer, 6 greeting card display stands with drawers, 2 revolving card display stands (on loan), centre display gondolas, cigarette gantry (on loan), 2 ice cream deep freezes, 1 upright double door drinks display fridge etc.
Rear stockroom/kitchen area
Stairs to first floor landing area with fridge
2 Storerooms
2 Staf cloakrooms each with w.c. and wash hand basin
To the rear of the shop is a storeshed used for the marking up of newspapers.
WE ARE INFORMED the turnover averages £11,000/£12,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and with the introduction of additional lines including convenience groceries, if desired. Wholesale newsbill £2,700 p.w. Gross profit 25% approx. We are further advised that the sales year ending 30th September, 2010 showed £405,586 with a gross profit of £104,068 i.e. 25.7% plus commissions received of £574 providing a total gross profit of £104,642.
We understand the premises are held on a secure renewable lease for a period of 15 years from September, 2003 at a current rental of £44,000 p.a. exclusive of rates up to September, 2012, with rent to be agreed thereafter. In addition we understand there is a service charge currently in the region of £3,500 p.a.
Uniform Business Rates: £17,300 p.a. approx. + water rates (metered)
THIS WELL ESTABLISHED NEWS, CONFECTIONERY, TOBBACO BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
ALL OFFERS CONSIDERED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a modern shopping precinct of approx. 30 units including Marks & Spencer, a crown post office, excellent trading position, sought after WEST SUSSEX
Monday - Saturday inclusive - 8 a.m. - 5.30 p.m.
NO SUNDAY TRADING (however, obviously Sunday new
North Yorkshire
£ 750,000
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