Nationwide are delighted to present to the market WELL ESTABLISHED NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, FULL FREE OFF LICENCE. Sought after trading position, market square, BEDFORDSHIRE.
NO PARKING PROBLEMS. STREET PARKING FREE UP TO 2 HOURS
The business has been in the same hands for the past 34 years & there are genuine reasons for sale.
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 750 sq. ft. sales area. Tiled floor, suspended ceiling with LED lighting. Air conditioning unit. Well equipped including modern shelving, 2 single door glass fronted display fridges (on loan from Coca Cola), upright single door glass fronted fridge (on loan from Lucozade), glass topped chest display deep freezer, magazine dispplay shelving, 12 greeting card display stands with drawers, counter, electronic cash register, computer for news deliveries etc.
Staff w.c. & wash hand basinTurnover :
WE ARE INFORMED the turnover is currently in the region of £8,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £2,500 p.w. Gross profit 23% approx. We are further advised that the sales year ending 31st March, 2019 showed £284,536 (including commission received of £1,544) with a gross profit of £66,601 i.e. 23.4%.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£15,000 approx)
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 : £89,500 (C9200)
Is accommodation included?:
The business is being offered as a Lock-up excluding the accommodation, however the SELF CONTAINED FLAT OVER with FULL GAS FIRED CENTRAL HEATING is available on a shorthold tenancy at a rental of £750 per month.
The FLAT comprises:
Bathroom with bath, w.c. & wash hand basin
KitchenParking space for 1 car