WELL ESTABLISHED COUNTER NEWS, CONFECTIONERY, TOBACCO, MAGAZINES, SOFT DRIN
Price:
Leasehold - £145,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : We understand the business has been established for over 100 years and indeed has been in the same hands for the past 28 years and there are genuine reasons for sale.
DOUBLE FRONTED SALES SHOP. Sales area in the region of 450 sq. ft. with tiled floor, suspended with concealed lighting. Air conditioning. Well equipped including modern adjustable shelving, centre display gondola, counter, electronic cash register, open cool display unit (used for beers), upright double door glass fronted drinks display fridge (used for soft drinks), magazine display shelving, cigarette gantry (on loan), photocopier (on loan) etc.
Rear stockroom
Staff cloakroom
WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 18% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further income of approximately £130 p.w. In addition the business has bus passes and we understand this provides a further revenue of approximately £115 p.w. The business also has Payzone including phone top-ups and we understand this provides a further revenue of approximately £70 p.w. In addition we understand there is a further income of approximately £60/70 p.w. for adverts displayed in the shop window.
We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,000 p.a. approx.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 28 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, office expandng area with the main bus station approximately 2 minutes walk and the main railway station approximately 5 minutes walk, BERKSHIRE
Monday - Saturday inclusive - 8.30 a.m. - 8.30 p.m.
Sunday opening - 9 a.m. - 8 p.m.
Rear access for loading/unloading
North Yorkshire
£ 750,000
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