Sales shop in the region of 500/600 sq. ft. with tiled floor. The equipment includes counter, electronic cash register, 2 greeting card display stands, 3 open cool display units (including 2 on loan plus 1 owned), modern shelving, display stands etc.
Stockroom at rear plus stockroom/office with sink
It will be appreciated upon inspection that there is potential to extend the sales area into the rear stock area, if desired.
Turnover : £6,000/£6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. We are advised the gross profit is in excess of 20%. In addition the business is agents for the sale of online national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Paypoint which we understand provides a further revenue of approximately £20 p.w. The business also has an external ATM machine & we are advised this provides a commission of £2,500/£3,000 p.a.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£15,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening 7 a.m. - 1 p.m. only
Number of Employees:
The business is at present operated by the vendor with the assistance of 1 part time staff.
Number of bedrooms: 5
The SPACIOUS accommodation which does require some redecoration & refurbishment comprises:
Separate Dining Room
Kitchen (needs fitting)
3 Double Bedrooms
Bathroom with bath, wash hand basin (needs refitting)
2 Additional Double Bedrooms
Situated end of parade, occupying a corner position, OXFORDSHIRE
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