Highly Profitable NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY,
Price:
Leasehold - £165,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Service road in front of parade providing ample customer's car parking.
ATTRACTIVE DOUBLE FRONTED SALES SHOP approximately 600 sq. ft. sales area refitted in 2004. Tiled floor, suspended ceiling with concealed lighting. Counter, 2 tills with EPOS scanning system plus back office computer, modern adjustable shelving, centre display gondola, 3 greeting card display stands, ice cream deep freeze (owned), open cool display unit etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £11,000/£12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £3,500 p.w. Gross profit 20% approx. In addition the business is agents for the sale of On Line National Lottery Tickets plus scratchcards and we understand this provides a commission of approx. £170 p.w. The business also has Oyster and we understand this provides a further commission of £50 p.w. In addition the business has Paypoint.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 9 years unexpired at a current rental of £16,500 p.a. exclusive of rates. We further understand the rent reviews are every 3 years.
Uniform Business Rates: £3,500 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE DECEMBER, 2003 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 £165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, sought after residential locality, KENT.
Monday - Friday inclusive - 5 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 7.30 p.m.
Sunday openi
The accommidation situated on the first floor all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Bedrooms (1 double, 1 single bother with woodstrip floors)
Fully tiled bathroom with bath, w.c. and wash hand basin
Lounge (with woodstrip floor)
Kitchen with ceramic tiled floor and fully fitted
Medium sized garden at rear approximately 150' long.
North Yorkshire
£ 750,000
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