Virtually Freehold. News, Confectionery, Tobacco, Greeting Cards, Stationery, Slight Convenience Groceries, Full Free Off Licence Wit

Undisclosed, Cumbria
Price: £ 375,000
business for sale
Seller Reference: C7836
Asking Price: £385,000
Net Profit: Undisclosed
Sales Revenue: £728,000
Number of Staff: 3
Established For: Send enquiry for more details.
Ownership: Leasehold

Business Summary

Situated in a parade of 7 shops, residential estate, CUMBRIATurnover : �14,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill �2,700 p.w. Gross profit 20% approx. Post Office salary �48,755 p.a. (including on line national lottery ticket sales plus scratch cards providing an income last year of approximately �14,000). We understand the unaudited trading and profit ald loss year ending 1st October, 2011 showed sales of �1,000,765.83 (including gas & electricity) with a gross profit of �142,183.94 plus post office salary of �47,803.62, ATM site rent of �1,500.00 & commission received of �1,264.91 providing an overall gross profit of �192,750.Included in the sale and situated over an adjoining shop is a MAISONETTE, long leasehold having approximately 94 years unexpired a Peppercorn ground rent. The MAISONETTE with FULL GAS FIRED CENTRAL HEATING, comprises:First FloorLounge/Dining RoomKitchenSecond Floor3 Bedrooms (2 doubles, 1 single)Shower room with shower, w.c. and wash hand basinLease : �385,000 Freehold : �385,000 Nationwide Businesses (C7836)

Situated in a parade of 7 shops, residential estate, CUMBRIATurnover : 14,000 p.w. in our opinion offering tremendous potential for further increase...

Property Infomation

  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade of 7 shops, residential estate, CUMBRIA

Other Details

  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade of 7 shops, residential estate, CUMBRIA