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Profitable SEMI-DETACHED VILLAGE NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE

Price:
Leasehold - £79,995
Turnover:
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Seller Ref:
G5779
Location:

West Midlands

Business Type:

Retail businesses

See Other:
Stationers for sale in West Midlands
Newsagents for sale in West Midlands
Off licences for sale in West Midlands
Card shops for sale in West Midlands
Confectioners for sale in West Midlands
Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP in the region of 700 sq. ft. with tiled floor, ceiling with fluorescent lighting and fully equipped including large glass topped chest deep freeze, curved ice cream deep freeze (owned), modern adjustable shelving, two 1-2m cool display unit (used for milk and soft drinks), upright double door glass fronted drinks display fridge (on loan from Coca Cola), 2 additional upright double door glass fronted display fridges (owned and used for beers), 1-2m open cool display unit (also used for beers), counter, electronic cash register, computer for newsrounds. CCTB system with 3 cameras, 2 monitors plus recording etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £8,500-£9,000 p.w. in our opinion offering tremendous potetial for futher increase in the right hands. Wholesale newsbill £600/£700 p.w. Gross profit 23% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 7½ years unexpired at a rental of only £4,160 p.a. exclusive of rates for the next 2½ years, with rent to be agreed thereafter.

Uniform Business Rates: £700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,995 FOR QUICK SALE plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Main road trading position, residential area, not far from WEST MIDLANDS
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