Well established and profitable NEWS, CONFECTIONERY, TOBACCO, GREETING CARD
Price:
Leasehold - £140,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : ATTRACTIVE DOUBLE FRONTED SALES SHOP occupying a corner position. Sales area probably in the region of 300 sq. ft. Modern magazine shelving, card display section, additional shelving, counter, electronic cash register, 1 slimline glass fronted drinks display fridge (on loan from Coca Cola), 1 single door glass fronted display fridge (on loan from Lucozade).
Shared toilet facilities
WE ARE INFORMED by the vendor that the turnover is currently in the region of £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £4,500 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission in the region of £120 p.w. We are further advised that sales year ending 31st March, 2011 showed £419,432 (including personal consumption of £922) with an overall gross profit of £93,770 (including commission from sale of on line national lottery tickets plus scratch cards of £7,088, additional commission in respect of phonecards of £2,160 and commission in respect of the sale of stamps £347) and an audited net profit shown of £53,789.
We understand the premises are held on a secure renewable lease, the present lease expiring on the 9th August, 2018 at a current rental of £13,000 p.a. exclusive of rates up to August, 2012, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,300 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1987 AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Occupying an excellent town centre position BEDFORDSHIRE
Monday - Saturday inclusive - 5 a.m. - 6 p.m.
Sunday opening - 5 a.m. - 4 p.m.
In our opinion
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|