Outstanding opportunity to acquire a well fitted Counter News, Confectionery, Tobacco business in this excellent trading position.
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting. Air conditioning. Well equipped including counter, 2 electric cash registers, magazine display shelving, upright sliding double door display fridge (owned & used for beers), open cool display unit, 8 greeting card display stands with drawers, CCTV system with 8 cameras, monitor plus recording.
Staff w.c. & wash hand basin
In addition there is a basement.
Turnover : WE ARE INFORMED the turnover currently averages £12,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours & possibily considering developing the business to a Convenience Store operation. Wholesale newsbill £2,000 p.w. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we undertand this provides a commission of £225/£250 p.w. The business also has Paypoint & we are informed this provides a total commission of £300 p.w. We are further advised that the sales year ending 30th November, 2014 showed £487,844 with a gross profit of £91,776 plus commission received of £17,568 total gross profit £109,334.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 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.
Monday - Saturday inclusive - 6 a.m. - 5.45 p.m.
Sunday opening - 7 a .m. - 4 p.m.
Number of Employees:
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 4 part time staff employed.
Number of bedrooms: 2
The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with NIGHT STORAGE HEATERS, comprises:
2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, shower over bath, wash hand basin
Kitchen with fitted unitsParking space for 1 cars
Situated in a parade, excellent trading position, HAMPSHIRE
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