Profitable NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, MAGAZINES, ICES, S
Price:
Leasehold - £97,500
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Layby in front of parade providing ample customers car parking
DOUBLE FRONTED SALES SHOP approx. 16ft frontage x 30ft depth with fluorescent lighting and well equipped including counter, magazine display shelving, 2 greeting card display stands with drawers, gift wrapping paper unit, cigarette gantry (on loan), electronic cash register, 2 upright double door glass fronted drinks display fridges (1 on loan from Pepsi Cola whilst the other is on loan from Lucozade), CCTV system with 4 cameras, monitor plus recording.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potental for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £1,200/£1,400 p.w. Gross profit 20% approx. In addition the business receives commission of approx. £60/70 p.w.
We understand the premises are held on a secure renewable Council lease for a period of 6 years from the 12th November, 2007 at a rental of £7,750 p.a. exclusive of rates up to the 12th November, 2010, with rent to be agreed thereafter.
Uniform Business Rates: £1,400 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION (£7,000/£9,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, residential estate, with school opposite, SUFFOLK
The spacious living accommodation with internal access from the shop and indeed separate access from the front of the parade, could be sub-let if not required for personal use. The SPACIOUS living accommodation, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single, all with fitted wardrobes)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Fully fitted kitchen
Large Garden
UK Non-Specific
£ 800,000
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