Price:
Leasehold - £75,000
Business Type:
Commercial Property
THE BUSINESS The business trades primarily as a traditional CTN with a small range of convenience product lines. Currently the business has 4 news rounds comprising of 150 deliveries. There is scope to develop the business by increasing the trading hours and introducing further convenience product lines.
DESCRIPTION The business has been fitted and equipped for the sale of: Newspapers, Magazines, Greeting Cards, Chocolates, Sweets, Cigarettes and a small selection of Convenience Items.
FIXTURES & FITTINGS The business is equipped with: CCTV Newspaper Stands Greeting Card Gondalas 3.25M Open Display Chiller
INTERNAL DETAILS Trading Area 600sqft approx Stockroom x 2 WC
EXTERNAL To the front of the business there is free customer car parking limited to 1 hour. To the rear of the business there is a small yard.
TERMS, TENURE & RATES We have been advised the premises is held on a 15 year lease which commenced in 2000, with an annual rent passing of £8,500. Formal rent reviews are conducted every 5 years. We have also been advised that the business rates payable per annum by our client is circa £3,000. This figure however can be subject to change and different for individual operators. We therefore advise you carry out your own due diligence in relation to this.
TRADING INFORMATION We have been advised by our client that the average gross weekly turnover for the business is £7,500. Further trading information including a breakdown of the income streams, will be available after a formal viewing has been conducted.
VIEWING ARRANGEMENTS All viewing arrangements are to be made via Belleveue Mortlakes. Please contact Cherelyn Elbourne on 0208 3709247 to arrange
TERMS, TENURE & RATES
We have been advised the premises is held on a 10 year lease which commenced 27th March 2003, with an annual rent passing of £8,500. Formal rent reviews are conducted every 3 years.
We have also been advised that the business rates payable per annum by our client is circa £3,000. This figure however can be subject to change and different for individual operators. We therefore advise you carry out your own due diligence in relation to this.
Monday - Saturday 05:00 to 19:30
Sunday – 05:00 to 16:00
North Yorkshire
£ 750,000
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