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Profitable Semi-Detached FREEHOLD NEWS, CONFECTIONERY, TOBACCO, GREETING CA

Price:
Freehold - £495,000
Turnover:
Register to view
Seller Ref:
C7843
Location:

Surrey

Business Type:

Retail businesses

See Other:
Confectioners for sale in Surrey
Newsagents for sale in Surrey
Off licences for sale in Surrey
Card shops for sale in Surrey
Stationers for sale in Surrey
Retail businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Forecourt to -

SPACIOUS DOUBLE FRONTED SALES SHOP approximately 700 sq. ft. sales area with tiled floor, suspended ceiling, air conditioning/heating. Well equipped including counter, 2 tills with EPOS scanning system, 4 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section), 1 corner display unit, photocopier (owned), new 3.75m open cool display unit approx. 6 months old (on lease to be taken over), 1 upright glass fronted single door display deep freeze also approx. 6 months old (on lease to be taken over), 1-2.75m open cool display unit (owned and used for wines and beers), 2 display gondolas, ice cream deep freeze (owned), photocopier (owned) etc.

Rear stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £3,000 p.w. We are further advised that the sales for a 10 MONTH PERIOD 1st November, 2010 to the 31st August, 2011 showed sales of £404,984 with a gross profit of £88,244 and a net profit of £49,616.

Uniform Business Rates: £2,800 p.a. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position, residential area, SURREY
Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 8.30 p.m.
Sunday opening - 7 a.m. - 3.30 p.m.
Accommodation:
The accommodation in the form of a SELF CONTAINED FLAT over all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, is currently let on a shorthold tenancy and provides a rental income of £790 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge/Dining Room
Kitchen with fitted units

Small Garden
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