Profitable freehold NEWS/CONFECTIONERY/TOBACCO/GREETING CARDS/ STATIONERY S
Price:
Freehold - £185,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SALES SHOP with fluorescent lighting, tiled floor and fully equipped including counter, electronic cash register, ice cream deep freeze (owned), 2 upright single door display fridges (owned), adjustable shelving, 2 position post office counter with anti-bandit screen, etc.
WE ARE INFORMED, the turnover averages £7,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,200 p.w. Post Office salary £27,000 p.a. approx. We are further advised that the sales year ending 30th June, 2011 showed sales of £265,285 with a gross profit of £61,887 plus post office salary of £25,323 providing a total gross profit of £87,210
Uniform business rates £500 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, £185,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Situated end of terrace, small town, rural area, close to coast, CLEVELAND.
Residential area with 2 schools nearby and 2 factories approx. 1 mile away.
THE ACCOMMODATION in the form of a self contained FLAT OVER, mostly double glazed and with part gas fired central heating (top floor wall electric heaters), comprises:
First floor -
1 double bedroom with en suite w.c. and wash hand basin.
Bathroom with bath, w.c. and wash hand basin.
Lounge/dining room.
Kitchen with fitted units.
Second floor -
2 additional double bedrooms.
Shower room with shower, w.c. and wash hand basin.
Yard at rear.
UK Non-Specific
£ 800,000
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