| (REF: C7782) Profitable News, Confectionery, Tobacco, Greeting Cards, Ices, Soft Drinks |
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| Seller Reference: |
C7782 |
| B4S Reference: |
29876 |
| Asking Price: |
£42,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Hertfordshire, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP with lino floor, fluorescent lighting. Fully equipped including counter, electronic cash register, 2 large cool display fridges (on loan from Coca Cola), 3 greeting card display stands with drawers, shelving, 3-tier ice cream deep freeze etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin plus shower
WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,600 p.w. In addition there is an advertisement in the window for Lebara top-ups and we understand that the present owners receive £35 per month for this advertisement. The business also has Payzone.
We understand the premises are held on a 15 years lease from the 19th November, 2007 at a current rental of £8,000 p.a. exclusive of rates up to November, 2012. (We understand the landlord has requested the rent to be increased to £9,450 p.a. exclusive of rates for the next 5 years, however, we further understand that this is subject to negotiation).
Uniform Business Rates: £960 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £42,950 plus STOCK AT VALUATION (£12,000 approx. plus news accounts).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, main road trading position, residential area and within 2 minutes walk of a primary school, HERTFORDSHIRE |
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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 - Friday inclusive - 6 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 6 p.m.
Sunday opening 6 a.m. - 2 p.m. |
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The business is at present operated by the vendor with the assistance of 1 part time staff. 6 morning newsrounds. Delivery charge £1.85 p.w. |
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