Profitable Semi Detached Freehold News & Off Licence For Sale

Business description

Forecourt to -

SPACIOUS DOUBLE FRONTED SALES SHOP approximately 700 sq. ft. sales area with tiled floor, suspended ceiling, air conditioning/heating. Well equipped including counter, 2 tills with EPOS scanning system, 4 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section), 1 corner display unit, photocopier (owned), new 3.75m open cool display unit approx. 6 months old (on lease to be taken over), 1 upright glass fronted single door display deep freeze also approx. 6 months old (on lease to be taken over), 1-2.75m open cool display unit (owned and used for wines and beers), 2 display gondolas, ice cream deep freeze (owned), photocopier (owned) etc.

Rear stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £2,800 p.a. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT over all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, is currently let on a shorthold tenancy and provides a rental income of £790 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises: 2 Double Bedrooms Bathroom with bath, w.c. and wash hand basin Lounge/Dining Room Kitchen with fitted units

Location:

Excellent main road trading position, residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £3,000 p.w. We are further advised that the sales for a 10 MONTH PERIOD 1st November, 2010 to the 31st August, 2011 showed sales of £404,984 with a gross profit of £88,244 and a net profit of £49,616.

Reasons for selling:

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 8.30 p.m.
Sunday opening - 7 a.m. - 3.30 p.m.

Employees:

The business is at present operated by a husband and wife team with the assistance of 3 part time staff. 12 morning newsrounds. Delivery charge £2/£2.50 p.w.

Other information

Financing available:

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