Well established COUNTER NEWS, CONFECTIONERY, TOBACCO, MAGAZINES slight CON
Price:
Leasehold - £85,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 550 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting, 2 air conditioning units, ice cream deep freeze (owned), counter, electronic cash register, modern shelving, slats to walls, magazine display shelving, 1-2.5m open cool display unit, 1 upright single door display fridge, 1 upright double door display fridge etc.
Storeroom
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £9,200 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit we are advised in the region of 20%.
We understand the premises are held on a secure renewable lease, the present lease expiring in August, 2015 at a rental of £18,000 p.a. exclusive of rates, fixed for the remainder of the term. We understand the landlords will consider a surrender of the existing lease and the granting of a new 15 years lease, subject obviously to satisfactory references, at rent and terms to be agreed.
Uniform Business Rates: £5,300 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005 AND THERE ARE GENINUE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
REDUCED FOR EARLY SALE
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent High Street trading position, adjacent to McDonalds, KENT
Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m.
The accommodation which does require some re-decoration comprises:
First Floor
Large Lounge
Kitchenette
1 Double Bedroom
Bathroom with corner bath, w.c. and wash hand basin
Second Floor
Additional large double bedroom plus 1 single bedroom
Yard at rear
North Yorkshire
£ 750,000
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