Profitable mainly COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STA
Price:
Leasehold - £65,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP 800 sq. ft. approx. with lino floor, suspended ceiling with fluorescent lighting. The equipment includes counter, electronic cash register, 2 upright double door glass fronted drinks display fridges (including 1 on loan), 1 single door glass fronted drinks display fridge (on loan), modern shelving, 7 greeting card display stands with drawers etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Kitchen area
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,800 p.w. Gross profit 22% approx. In addition the business has Paypoint.
We understand the premises are held on a new 20 years full repairing and insuring lease at a rental of £15,800 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, residential area with schools nearby, ESSEX
Monday - Saturday inclusive - 5.30 a.m. - 6 p.m.
Sunday opening - 5.30 a.m. - 2 p.m.
The living accommodation over, which does require refurbishment, comprises:
2 Bedrooms (1 double, 1 small double)
Space for bathroom
Shower Room
Lounge
Kitchen (needs fitting)
Yard at rear with parking space for 2 cars
North Yorkshire
£ 750,000
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