NO PARKING RESTRICTIONS
SINGLE FRONTED SALES SHOP approximately 10' wide x 34' depth with quarry tiled floor. Well equipped including shelving, counter, 1 till with EPOS scanning system, ice cream deep freezer, 1-2.5m open cool display unit, 1 glass topped chest display deep freezer, coffee machine (on rental). CCTV system with 4 cameras, monitor plus recording.
Rear room at rear 12' x 12' (used for marking up of newspapers)
Stairs to first floor large office
Staff cloakroom with w.c. & wash hand basin.
Turnover : £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,700 p.w. Gross profit 26% 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 £50 p.w. The business is also agents for Paypoint. We are further advised that the sales year ending November, 2015 showed in the region of £563,718 inclusive of VAT.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£10,000/£15,000 approx. plus news accounts in the region of £12,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 5 a.m. - 5 p.m.
Sunday opening - 5 a.m. - 12 noon
Number of Employees:
At present operated by the vendor's wife on a full time basis with the vendors assistance on a part time basis plus 2 part time staff employed. 32 newsrounds (including 5 country rounds). Delivery charge £2.75 p.w. - £6 p.w.
Main road trading position, sought after residential area, SURREY
The business has been in the same hands for the past 35 years & there are genuine reasons for sale.SPACIOUS...More Details
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