The shop was refurbished at considerable cost in 2013 and relaunched with a "Pound Zone" consisting of popular household items that are sold at much improved margins relative to the previous business.
As well as counter and delivered news, off licence and Pound Zone Sales the business also receives commission on Lottery Sales, Oyster Cards, Paypoint and Hermes / UPS deliveries.
Since the refurbishment sales and profits have increased steadily and is now being sold reluctantly as the vendor has moved on to another project.
Currently achieving adjusted profits to an owner / manager of some £80,000 per annum, with more achievable as the business continues to grow.
6 years remaining on secure lease with rent currently £30,000 per annum and rates £10,000 per annum.
This is a well thought out quality business that's immaculately presented and poised for further growth and early viewing is recommended.
Price Reduced to £95,000 for the leasehold, goodwill, fixtures and fittings, plus stock at value (circa £14-15k)
EMF Reference T31445LN
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