Nationwide are delighted to present to the market PROFITABLE COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, FULL FREE OFF LICENCE. Situated in a parade, excellent main road trading position, SURREY.
DOUBLE FRONTED SALES SHOP probably in the region of 300 sq. ft. sales area with tiled floor, ceiling with LED lighting. The equipment includes counter, electronic cash register, 1-2.5m open cool display unit, 1 double door glass fronted display fridge, 1 single door glass fronted display fridge, shelving.
LARGE BASEMENT providing storage area
Staff w.c. & wash hand basin
Turnover : £8,000 p.w. in our opinion offering further potential to increase in the right hands. The sale of wines, beers & spirits is operated on a low key basis & in our opinion there is terrific potential to increase the turnover, especially with a better display of wines, beers & spirits. Wholesale newsbill £500 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & we understand this provides a commission of approximately £170 p.w. The business also has Oyster which we understand provides a further commission of approximately £250 p.w. The business also owns a coffee machine which we understand provides a further revenue of approximately £100 p.w.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 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 : £79,500 (C9230)www.NationwideBusinesses.co.uk