Old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, ICES, SOFT DR
Price:
Leasehold - £40,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SALES SHOP with flouorescent lighting, tiled floor. The equipment includes counter, electric cash register, Coca Cola small display fridge (on loan), 1 upright double door drinks display fridge (also on loan from Coca Cola), solid shelving, cigarette gantry (on loan), ice cream deep freeze (owned), 2 greeting card display stands with drawers etc.
Office/Storeroom with shelving
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 of the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill £800 p.w. Gross profit 20% approx.
We understand the entire premises are held on a secure renewable lease, the present lease having approximately 3 years unexpired at a current rental of £12,000 p.a. exclusive of rates, due for rent revision, however, we understand the landlord has not made any request for increase at the present time.
Uniform Business Rates: £2,600 p.a. approx. (after small business relief).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, sought after residential area with the advantage of a college and schools nearby, SURREY
Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 4 p.m.
In our opinion
The SPACIOUS living accommodation, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:
First Floor
Large Kitchen with fitted units
2 Double Bedrooms each with wash hand basin
Second Floor
2 Additional Double Bedrooms each with wash hand basin
Bathroom with bath, wash hand basin
Separate w.c.
We understand that at present the 4 bedrooms are let on shorthold tenancies and provide a weekly rental income of £85 per week each, inclusive of electricity, however, we understand that vacant possession can be given on completion, if required.
Yard at rear with parking space for 2 cars
North Yorkshire
£ 750,000
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