| (REF: C7380) Profitable Counter Newsagents With Slight Convenience Groceries And Off Licence |
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| Seller Reference: |
C7380 |
| B4S Reference: |
13332 |
| Asking Price: |
£89,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£390,000 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Dorset, South West England, United Kingdom |
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Nationwide are pleased to offer to the market : Layby in front of parade (restricted to 45 minutes parking during the day)
DOUBLE FRONTED MEDIUM SIZED SALES SHOP, carpeted. The equipment includes counter, 2 electronic cash registers, 3 greeting card display stands with drawers, 1 upright double door drinks display fridge (on loan from Coca Cola), 4 single door drinks display fridges (all owned), 4 chest deep freezes, shelving.
Stockroom plus office at rear
WE ARE INFORMED the turnover averages £7,500 p.w. (included in the turnover is approx. £250 p.w. in respect of phone cards), in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,700 p.w. Gross profit 16% approx. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £100 p.w.
We understand the premises are held on a secure renewable lease from a private landlady for a period of 15 years from the 25th December, 2000 at a current rental of £10,650 p.a. exclusive of rates up to December, 2012, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,010 p.a. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REDUCED FOR EARLY SALE
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation comprises:
Ground Floor
Lounge
Kitchen with fitted units including cooker and washing machine
First Floor
3 Bedrooms (1 doubles, 2 singles)
Half tiled bathroom with bath, w.c. and wash hand basin
Yard with parking space |
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Location: |
Situated in a parade, busy road, sought after residential area, DORSET |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 7 a.m. - 5.30 p.m.
Sunday opening 7 a.m. - 1 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours. |
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The business is at present owned by a lady vendor and is operated by the family with the assistance of 2 part part time Monday - Friday. Only 2 evening newspaper rounds undertaken. Delivery charge £1 p.w. |
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