News Confectionery Tobacco Cards Stationery Convenience Groceries Bucks For Sale

Business description

Free parking in front of shop (restricted to 1 hour during the day).

Attractive double fronted Sales Shop, with tiled floor, glass-fronted counter, electronic cash register, cigarette gantry (on loan), shelving, magazine display shelving, 2 upright glass fronted drinks display fridges, ice cream deep freeze (on loan), coffee machine, 2 greeting card display stands with gift wrap sections under, 4 revolving card display stands (on loan), photocopier (on free loan).

Stockroom.

Property information

Property:

Leasehold

Lease terms:

WE UNDERSTAND the premises are held on a new 12 years' lease from June 2011 at the rental of £20,000 p.a. excl. of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform business rates: £6,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED NEWSAGENTS IN THIS SOUGHT AFTER RESIDENTIAL AREA, WITH THE BENEFIT OF GOOD SCHOOLS NEARBY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Living accommodation:

THE ACCOMMODATION, all in good condition, comprises: First floor - Large lounge. Landing area. 1 large double bedroom plus 1 additional double bedroom. Stairs to attic double bedroom. Ground floor - Small dining room/office. Kitchenette with fitted units. Bathroom with bath, w.c. and wash hand basin.

Location:

Excellent main road trading position, sought after BUCKINGHAMSHIRE.

Business Operation

Expansion potential:

We are informed the turnover averages £4,000/£4,500 p.w., in our opinion offering tremendous potential for further increase, especially with additional opening hours and, indeed, the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary premises licence and personal licence. Wholesale newsbill £1,400 p.w. Gross profit 20% approx. In addition, the business is agents for online Lottery Tickets plus scratchcards and we understand that this provides a further revenue of approx. £135 p.w.

Reasons for selling:

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £50,000 PLUS STOCK AT VALUATION (£7,000 APPROX.) SUBSTANTIAL LOAN TO AN APPROVED.

Trading hours:

Monday/Friday incl. 6 a.m. - 6 p.m.
Saturday, 6 a.m. - 7 p.m.
Sunday, 7 a.m. - 2 p.m.

Employees:

The business is at present operated by a husband and wife team and no staff are employed. 5 morning newsrounds, delivery charge £2.25/£3 p.w.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance