| (REF: C7845) News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence |
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| Seller Reference: |
C7845 |
| B4S Reference: |
32505 |
| Asking Price: |
£39,999
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£260,000 |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
United Kingdom |
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Nationwide are pleased to offer to the market : DOUBLE FRONTED MEDIUM SIZED SALES SHOP carpeted floor, fluorescent lighting. The equipment includes counter, electronic cash register, modern shelving, 1 single door glass fronted display deep freeze (owned by Lucozade), 1 double door glass fronted drinks display fridge (on loan from Coca Cola), 1 additional double door glass fronted display fridge (owned and used for beers and wines), 2 greeting card display stands, coffee machine, ice cream deep freeze.
BASEMENT with 2 storerooms
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £850 p.w. Gross profit 22% approx. We understand the Health Lottery has recently been introduced.
We understand the premises are held on a secure renewable lease, the present lease having approximately 21 years unexpired at a rental of £8,400 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.
Uniform Business Rates: Nil payable at present
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,999 plus STOCK AT VALUATION
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:
4 Bedrooms (3 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Cloakroom with w.c. and wash hand basin
Small yard at rear |
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Location: |
Situated end of terrace, densely populated residential area, FERNDALE, SOUTH WALES |
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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 - 6 p.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m. |
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The business is at present operated by a husband and wife team. In addition there are 3 persons employed for news deliveries. Delivery charge 70p p.w. |
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