Nationwide are delighted to present to the market PROFITABLE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, slight CONVENIENCE GROCERIES, ON LINE NATIONAL LOTTERY plus POST OFFICE LOCAL. Situated in a parade, expanding, sought after residential area, SURREY.
No parking problems. Car Park for 20/25 cars for the parade.
SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,000 sq. ft. sales area with vinyl non-slip floor, suspended ceiling with LED lighting. The equipment includes counter, electronic cash register, post office combination counter, modern shelving, 7 greeting card display stands (6 with drawers under plus 1 with wrapping paper section), open cool display unit, ice cream deep freezer etc.
Stockroom plus secure store
Staff cloakroom with w.c. and wash hand basinTurnover :
£7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,650 p.w. Post office income in the region of £29,000 p.a. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w. We are further advised that the sales year ending 31st August, 2017 showed sales of £339,966 with a gross profit of £57,176 plus lottery commission of £7,800 p.a. & post office local commission of £24,709 providing a total gross profit of £93,510 (including post office income, lottery & oyster commission).
TO INCLUE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £125,000 (C9160)
Is accommodation included?:
Accommodation in the form of a SPACIOUS MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental incom of £1,425 per month, however we understand that vacant possession can be given, subject to 3 months notice, to the existing tenants. The SPACIOUS accommodation comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Kitchen with fitted unitsService area at rear of parade