Nationwide are delighted to present to the market NEWSAGENTS & SPECIALIST TOBACCONIST. Specialising in Cigars and Pipe tobabcco. Situated in a Parade, excellent main road trading position, residential, office and commercial area, EAST SUSSEX.
PREMISES 490.8ft² (45.6M²)
DOUBLE FRONTED PREMISES, suspended ceiling with LED lights, ceramic tiled floor, sales counter, open cool display unit (2 metres), EPOS cash register.
Staff toilet with w.c. and wash hand basin.
Stock room / Store room.Turnover :
WE ARE INFORMED by the owner the turnover currently averages £25,000 p.w. with a Gross profit of 18% approx. Wholesale newsbill £450 p.w. In our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary licence.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION (£70,000 APPROX. CAN BE REDUCED)
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 : £225,000 (C9257)