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PROFITABLE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY slight

Price:
Leasehold - £50,000
Turnover:
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Seller Ref:
C7777
Location:

Hertfordshire

Business Type:

Retail businesses

See Other:
Confectioners for sale in Hertfordshire
Newsagents for sale in Hertfordshire
Stationers for sale in Hertfordshire
Card shops for sale in Hertfordshire
Retail businesses for sale in Hertfordshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : DOUBLE FRONTED PREMISES with attractive lino tiled effect floor, suspended ceiling with concealed lighting. The equipment includes 2 double door glass fronted display fridges (owned), 1 single door glass fronted display fridge (on loan from Coca Cola), ice cream deep freeze, modern wooden shelving, counter, till with EPOS scanning system etc.

Staff cloakroom

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of £10,400 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade of 5 shops sought after residential area with the advantage of a school nearby, HERTFORDSHIRE
Trading Hours:
Monday - Saturday inclusive - 9 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 9 p.m.
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