Old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, I
Price:
Leasehold - £59,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP in the region of 450/500 sq. ft. sales area with non-slip floor, modern shelving, centre display gondola, counter, electronic cash register, 2 greeting card display stands with drawers, 2 upright double door drinks display fridges (1 owned and 1 on loan), 1 additional single door glass fronted display fridge (on loan) etc.
Large basement stockroom
WE ARE INFORMED the turnover averages £6,800 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,400 p.w. Gross profit 18.9%. The business is also agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £110 p.w.
We understand the premises are held on a secure renewable lease from a private landlady the present lease having approximately 4 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.
Uniform Business Rates: £1,200 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, busy road, EAST SUSSEX
Monday & Tuesday 6 a.m. - 6 p.m.
Wednesday - 6 a.m. - 7 p.m.
Thursday & Friday - 6 a.m. - 6 p
The accommodation comprises:
Ground Floor
1 Double Bedroom
Stairs to basement area comprising:
Lounge
Kitchen with fitted units
Bathroom with bath, w.c. and wash hand basin
In addtion as stated above there is a large room used for stock purposes
North Yorkshire
£ 750,000
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