Old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, s
Price:
Leasehold - £125,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : No Parking Restrictions
ATTRACTIVE SINGLE FRONTED SALES SHOP 450/500 sq. ft. sales area with air conditioning. Well fitted including counter, EPOS scanning system with till, modern shelving, upright glass fronted drinks display fridge (owned), Kleerex magazine display shelving, greeting card display section. Post Office counter with anti-bandit screen (1 position). CCTV system with 4 cameras, monitor plus hard disc recording.
Rear office/marking up room
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase with additional hours and with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £1,800 p.w. Gross profit 19.4%. Post Office salary £34,700 p.a. (including lottery commission of approx. we understand £3,500 p.a). We are further advised that the sales year ending 31st October, 2010 showed £223,225 with a gross profit of £35,669 i.e. 15.17% plus post office salary of £34,700 and newspaper delivery charges of £5,621 providing a total gross profit of £75,990.
We understand the premises are held on a new 15 years full repairing and insuring lease from a private landlord at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £800 p.a. approx. (after small business relief)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 or near offer plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Sought after residential area, MIDDLESEX
Monday & Tuesday - 6.30 a.m. - 6 p.m.
Wednesday - 6.30 a.m. - 6.30 p.m.
Thursday, Friday & Sat
The SPACIOUS living accommdation all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Bedrooms (3 doubles, 1 single)
Half tiled bathroom with bath, w.c. and wash hand basin
Large Lounge approx. 20ft long
Fitted Kitchen
Garden at rear with lawn
Brickbuilt storeroom with shelving
North Yorkshire
£ 750,000
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