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Old established COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS plus O

Price:
Leasehold - £120,000
Turnover:
Register to view
Seller Ref:
C7586
Location:

Suffolk

Business Type:

Retail businesses

See Other:
Card shops for sale in Suffolk
Confectioners for sale in Suffolk
Stationers for sale in Suffolk
Newsagents for sale in Suffolk
Retail businesses for sale in Suffolk
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes counter, EPOS scanning system with till, 1-2.75m open cool display unit (used for soft drinks, milk, sandwiches etc), ice cream deep freeze (on loan), modern adjustable shelving etc.

Small stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction with the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill £400 p.w. In addition the business has on line national lottery plus scratch cards. In addition the business has Paypoint which we understand provides a commission of approx. £30 p.w.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 8 years unexpired at a rental of £9,000 p.a. exclusive of rates, with rent reviews every 4 years.

Uniform Business Rates: £650 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, town centre, SUFFOLK
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 7.30 p.m.
Sunday opening - optional - 9 a.m. - 2 p.m.
I
Accommodation:
The accommodation comprises:

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

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