Counter Newsagents For Sale

Business description

Spacious single fronted SALES SHOP approx. 500 sq. ft. sales area with carpet tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, cigarette gantry (on loan), magazine display shelving, 2 greeting card display stands (1 with drawers under & 1 with gift wrapping paper section), counter, electronic cash register, 4 upright single door drinks display fridges (including 1 on loan), ice cream deep freeze (owned), greeting card display section etc.

Stockroom, partly shelved (it will be appreciated upon inspection that the stock area at rear could be incorporated to enlarge the sales area, if desired)

Staff w.c.

Property information

Lease terms:

We understand the premises are held on a secure renewable lease having approx. 8 years unexpired at a rental of £8,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,100 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REDUCED FOR EARLY SALE

Location:

Situated in a parade close to town centre, BEDFORD

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 20% approx. In addition, we understand there is a turnover of approx. £1,000 p.w. in respect of telephone top-up cards at a gross profit of 4%.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £28,000 Plus Stock At Valuation (£6,000 Approx). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 6 p.m. Sunday opening - 7 a.m. - 5 p.m.

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller