Nationwide are delighted to present to the market NEWS, CONFECTIONERY, TOBACCO, STATIONERY, HARDWARE slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE with POST OFFICE LOCAL. Busy road, residential area, HERTFORDSHIRE.
Electric shutters to DOUBLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area, suspended ceiling with concealed lighting, modern shelving, 2 open cool display units, news display stand, magazine display shelving, centre display gondolas, post office counter with anti-bandit screen (2 positions) plus retail counter with electronic cash register.Turnover :
WE ARE INFORMED the turnover is in the region of £5,200 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,300 p.w. We are further advised that the gross profit is in the region of 28%. Post office income approximately £53,000 p.a. approx. (including income from an external ATM machine). We understand the sales year endng 31st March, 2018 showed £158,668 with a gross profit of £25.368 plus post office salary at that time of £58,434 providing an overall gross profit of £83,802.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 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 : £110,000 (C9094)
Is accommodation included?:
Service area at rear of parade with shared parking