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Profitable VILLAGE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY

Price:
Leasehold - £59,500
Turnover:
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Seller Ref:
C7747
Location:

Hampshire

Business Type:

Retail businesses

See Other:
Confectioners for sale in Hampshire
Card shops for sale in Hampshire
Stationers for sale in Hampshire
Newsagents for sale in Hampshire
Retail businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Double fronted Sales Shop, approx. 500 sq. ft. sales area, with tiled floor, suspended ceiling with fluorescent lighting. Fully equipped including counter, 5 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section and another with toy display section), 1 revolving card stand, ice cream deep freeze (owned, upright double-door drinks display fridge (on loan), 1 upright single door drinks display fridge (owned), electronic cash register, modern shelving, Kleerex magazine display shelving, computer for news deliveries, etc.

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 £1,500 p.w. Gross profit 21% approx.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of £14,400 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,000 p.a. approx. + water rates (metered).

RECOMMENDED FOR EARLY INSPECTION.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade of 5 shops, main road trading position, residential area, HAMPSHIRE.
Trading Hours:
Monday - Saturday inclusive - 5 a.m. - 7 p.m.
Sunday opening - 5 a.m. - 1 p.m.
Accommodation:
The accommodation, FULLY CARPETED, FULLY DOUBLE GLAZED and with Calor Gas CENTRAL HEATING, comprises:

3 Double Bedrooms
Bathroom with corner bath, w.c. and wash hand basin
Large Lounge
Separate Dining Room
Fully fitted kitchen including gas hob and fitted cooker
Cloakroom with w.c. and wash hand basin

Storeshed.
Driveway with parking space for 2 cars.
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