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Advert Details

Counter Newsagents With Off Licence For Sale

(Ref: C7185)

Undisclosed, Surrey, United Kingdom

Financials

Asking price: £445,000

Sales revenue: £312,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Service road in front of parade providing customer's parking

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 20ft wide x 25ft depth with tiled floor, suspended ceiling with concealed lighting. Air conditioning. Well equipped including counter, electronic cash register, modern adjustable shelving, magazine display shelving, 1 greeting card display stand with drawerrs, cigarette gantry (on loan), upright double door drinks display fridge (on loan from Coca Cola), upright double door additional drinks display fridge (on loan from Coca Cola), 1 upright sliding double door drinks display fridge (owned and used for wines and beers), open cool display unit, upright single door display deep freeze, curved display deep freeze (for frozen foods), curved ice cream deep freeze etc.

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

Employees: The business is at present operated by the vendor with the assistance of his wife plus 2 part time staff.

Trading hours: Monday - Thursday inclusive - 7 a.m. - 10 p.m. Friday & Saturday - 7 a.m. - 10.30 p.m. Sunday opening - 7 a.m. - 10 p.m.

Property: Freehold


Lease terms
Uniform Business Rates: £2,400 p.a. approx. THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Living accomodation
The SPACIOUS LIVING ACCOMMODATION in the form of a MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Bedrooms (2 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Large Lounge with laminated strip floor Spacious fully f

Location
Situated in a parade, main road trading position, SURREY

Expansion potential
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of newspaper deliveries. Wholesale newsbill £800 p.w. Gross profit 22% approx.

Reasons for selling
To Include The Valuable Freehold Property, Goodwill, Fixtures & Fittings £445,000 Plus Stock At Valuation Substantial Mortgage To An Approved Applicant Alternatively Should The Accommodation Over Not Be Required The Vendors Are Prepared To Sell The Freehold Shop (Excluding Accommodation Over) And Yard At Rear. Price To Include The Freehold Shop, Goodwill, Fixtures & Fittings £215,000 Plus Stock At Valuation Substantial Mortgage To An Approved Applicant

Financing available
Substantial Mortgage To An Approved Applicant


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