News-Agents With Off Licence For Sale

Business description

Service road in front of parade providing ample customer's car parking.

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting. The equipment includes counter, shelving, 2 greeting card display stands with drawers, cigarette gantry (on loan), open cool display unit, upright double door drinks display fridge (on loan), 2 upright single door drinks display fridges (1 owned whilst the other is on loan from Lucozade), 3-tier ice cream deep freeze (owned), additional ice cream fridge (owned) etc.

Property information

Lease terms:

We understand the premises are held on a secure renewable lease from a private landlord having 6 years unexpired from December, 2008 at a rental of £7,000 p.a. exclusive of rates up to December, 2010, with rent to be agreed thereafter.

Uniform Business Rates: £1,590 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

Situated in a parade, densely populated residential area, OXON.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. G.P. 20% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £75 p.w. In addition, the business has E-Top up machine and we understand this provides a further commission of approx. £40 p.w.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £43,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 5.30 a.m. - 6.30 p.m.
With the exception of Wednesday & Saturday when the business remains open until 7 p.m.
Sunday opening - 6 a.m. - 2 p.m.

Financing available:

Substantial Loan To An Approved Applicant.