| (REF: C7796) Profitable Counter News, Confectionery, Tobacco, Ices, Soft Drinks |
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| Seller Reference: |
C7796 |
| B4S Reference: |
30291 |
| Asking Price: |
£125,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£572,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Sussex, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP approx. 450 sq. ft. sales area, partly refitted approx. 6 months ago. Carpet tiled floor. Counter, 2 electronic cash registers, modern adjustable shelving, 1-3.75m open display unit, ice cream deep freeze etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Basement ideal for storage purposes
WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of the sale of wines, beers and spirits, subject obviously to obtaining the necessary Premises and Personal Licence. Wholesale newsbill £1,150 p.w. Gross profit we are informed 23% approx. In addition the business sells mobile top-up phone cards and we understand this provides a commission of approx. £70 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £9,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£15,000/£18,000 approx).
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, busy prime trading position, WEST SUSSEX |
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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 - 7.30 a.m. - 6 p.m.
Sunday opening - 10 a.m. - 5 p.m. |
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The business is at present staff operated. Staff employed 1 full time manager plus 3 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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