FREEHOLD OLD ESTABLISHED SEMI-DETACHED NEWS, CONFECTIONERY, TOBACCO, GREETI
Price:
Freehold - £295,000
Leasehold - £59,500
Location:
Northamptonshire
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : This old established business has been in the same hands for the past 25 years and is now solely offered for sale due to the vendor's retirement.
Large park at rear of property
Forecourt to MEDIUM SIZED SALES SHOP well equipped including counter, electronic cash register, large glass topped chest deep freeze, 1 open chiller unit, ice cream deep freeze (owned), shelving, 1 greeting card display stand with drawers, 2 revolving card display stands (both on loan), shelving.
Rear stockroom with fridge/freezer
WE ARE INFORMED the turnover currently averages £4,200 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers spirits, subject to obtaining the necessary licence. Wholesale newsbill £700 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a further income of approx. £100 p.w. The business also has Payzone and we understand this provides a further income of approx. £80/£100 per month. We are further advised that the sales year ending 30th April, 2011 showed £208,334 with a gross profit of £32,750 plus a commission received of £5,174
The vendors owns the freehold and subject to satisfactory references are prepared to grant a new 12 years full repairing and insurng lease at a rental of £14,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £735 p.a. approx. (after small business relief)
EPC Rating: G (170)
AS STATED THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS 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 NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £295,000 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Situated residential area, NORTHAMPTONSHIRE
Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 7 p.m.
The EXCELLENT accommodation with FULL GAS FIRED CENTRAL HEATING and including a rear ground floor extension, built approx. 1993, comprises:
Ground Floor
Lounge with gas coal effect fire, adjoining fully fitted kitchen
Shower room with shower (needs new shower), w.c. and wash hand basin
First Floor
3 Bedrooms (2 doubles, 1 large single - in our opinion could accommodate a double bed)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Rear garden with lawn plus patio area. Brickbuilt store
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|