We understand the business has been in the same hands only for a short while & is now solely offered for sale due to the vendors other business interests. Previously up to approximately 1 year ago we understand the business was owned by The Co-op for approximately 32 years.
NO PARKING PROBLEMS
SPACIOUS SALES SHOP probably in the region of 2,000 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. 2 air conditioning/heating units & fully equipped including modern adjustable shelving, counter, 2 tills with scanning system on loan from Spar & will remain on the premises, subject to a Spar agreement being entered into, 2 glass topped chest deep freezers, 3 open cool display units in total 12m & utilized for soft drinks & dairy produce, 1-5m open cool display unit (comprising 2 units combined & used for wines & beers).
Stockroom with shelving
Staff w.c. & wash hand basin.
Turnover : £8,000/£8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £60 p.w. In additon the business has Paypoint
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Number of Employees:
At present operated with a manager plus 2 full time staff.
Number of bedrooms: 1
The accommodation comprises:
Bathroom with bath, w.c. & wash hand basin
1 Double Bedroom
KitchenParking at rear for 2 cars
Situated in a parade, residential area, NOTTINGHAMSHIRE
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