Profitable CTN Greeting Cards Drinks Ices In Hertfordshire For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP with lino floor, fluorescent lighting. Fully equipped including counter, electronic cash register, 2 large cool display fridges (on loan from Coca Cola), 3 greeting card display stands with drawers, shelving, 3-tier ice cream deep freeze etc.

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin plus shower

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a 15 years lease from the 19th November, 2007 at a current rental of £8,000 p.a. exclusive of rates up to November, 2012. (We understand the landlord has requested the rent to be increased to £9,450 p.a. exclusive of rates for the next 5 years, however, we further understand that this is subject to negotiation).

Uniform Business Rates: £960 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, main road trading position, residential area and within 2 minutes walk of a primary school, HERTFORDSHIRE

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 in the right hands. Wholesale newsbill £1,600 p.w. In addition there is an advertisement in the window for Lebara top-ups and we understand that the present owners receive £35 per month for this advertisement. The business also has Payzone.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £42,950 plus STOCK AT VALUATION (£12,000 approx. plus news accounts). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 6 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 6 p.m.
Sunday opening 6 a.m. - 2 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 1 part time staff. 6 morning newsrounds. Delivery charge £1.85 p.w.

Other information

Financing available:

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