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Old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, C
Price:
Freehold - £500,000
Leasehold - £130,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, ceiling with fluorescent lighting. The equipment includes counter, electric cash register, cigarette gantry (on loan), modern shelving, 2 double door glass fronted display fridges, Kleerex magazine display shelving, 6 greeting card display stands with drawers under. Post Office counter with anti-bandit screen (2 positions) etc.
To the rear is a small stock area
Staff w.c. plus sink adjoining
WE ARE INFORMED the turnover currently averages £4,000/£5,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of wines, beers and spirits, subject to obtaining the necessary licences. Wholesale newsbill £1,200 p.w. Gross profit 22% approx. Post Office salary £33,000 p.a.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop with living accommodation over at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Alternatively should the private accommodation not be required the vendor, subject to satisfactory references, is prepared to grant, a new 15 years full repairing and insuring lease in respect of the shop premises only at a rental of £10,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,100 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY,GOODWILL, FIXTURES & FITTINGS £500,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Situated in a parade, serving large residential area, sought after position, MIDDLESEX.
Monday - Friday inclusive - 6 a.m. - 6 p.m.
Saturday opening - 6 a.m. - 4 p.m.
Sunday opening
The accommodation in the form of a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Kitchen with fitted units
Yard at rear with car parking space
North Yorkshire
£ 750,000
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