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Old established semi-detached NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS,

Price:
Leasehold - £15,000
Turnover:
Register to view
Seller Ref:
C7617
Location:

Gloucestershire

Business Type:

Retail businesses

See Other:
Confectioners for sale in Gloucestershire
Newsagents for sale in Gloucestershire
Stationers for sale in Gloucestershire
Card shops for sale in Gloucestershire
Retail businesses for sale in Gloucestershire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP approx. 13' wide x 22' depth with lino floor, fluorescent lighting. The equipment includes counter, electric cash register, ice cream deep freeze (owned), 1 upright double door drinks display fridge (owned), 2 greeting card display stands etc.

Small stockroom

WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits. We understand the business has the Premises Licence for the Off Licence and obviously it would be necessary to obtain the Personal Licence should a new owner wish to sell wines, beers and spirits. Wholesale newsbill £1,800 p.w. Gross profit 20% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of £7,600 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £1,055 p.a.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION (£4,000/£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Main road trading position, village residential area, GLOUCESTERSHIRE
Trading Hours:
4 a.m. - 1 p.m. seven days per week
Accommodation:
Situated on the first floor, which does require some renovation, there is 1 bedroom, living room, w.c. and wash hand basin. In addition there is space for the installation of a kitchen and bathroom.

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