Confectioners for sale in West Sussex

View the "PROFITABLE COUNTER NEWSAGENTS - Centre W Sussex Coastal Town" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £74,950 Under Offer Annual Turnover: £690,000
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Business Description
Professionally fitted shop in great busy location. Current T/O £690,000pa (£13,000pw) with very good NP from opening M-Sat 6.30am to 5.30pm, & Sun 7.30am to 1pm. Run by owner with part-time help when busy. Rent £16,000pa, Counter news, confectionery, drinks, tourist items. Owned 9 years & since moving to larger premises T/O is up 50%. Scope for deliveries, if desired.
Trading Hours:

from 6.30am - 5.30pm Monday to Saturday and 7.30am to 1.00pm on Sunday

Number of Employees:

run by the proprietor with part time help at very busy periods.

Tenure: Leasehold

Location Details:

This busy outlet is situated in the centre of a popular coastal town in West Sussex. It is located in a traditional glass roofed arcade leading directly from the High Street towards the sea front and links directly with the town's main music and entertainment venue. As such it attracts a high volume of footfall at all times of day.

Leasehold Term:

We understand that the business is being offered with a new renewable 10 year lease for the lockup unit with a rent of £16,000+vat and 5yrly rent reviews with an optional tenant only break clause on the 5th year. The annual business rates for the shop, after small business relief, are approximately £4,600. There is also a quarterly service charge payable to the Arcade management company covering heating and lighting, insurance, security etc.


Listed by: Adams & Co
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