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Profitable old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, SOFT DRINKS, BUS PASSES, PAYPOINT
For Sale
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Description : |
The business has been in the same hands for the past 19 years and there are genuine reasons for sale.
Spacious double fronted Sales Shop approx. 500 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. The shop has been newly fitted and is well equipped including modern shelving, counter, 2 electronic cash registers, 2 upright double door drinks display fridges (on loan from Coca Cola), upright single door drinks display fridge (on loan from lucozade), 9 greeting card display stands, 2 display gondolas, magazine display shelving etc.
Stockroom |
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Trading Hours : |
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 6 a.m. - 2 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours. |
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Staffing : |
The business is at present operated by a husband and wife team with the assistance of 1 very part time staff (approx. 1 hour per day). 6 morning newsrounds. Delivery charge £1.10/£1/20 p.w. |
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Accommodation : |
The spacious living accommodation all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Spacious Kitchen/Dining Room plus additional Living Room
In addition, on the ground floor is a large Bathroom with bath, w.c. and wash hand basin
It should be noted that this spacious living accommodation has a disabled lift from the ground floor to the first floor.
Included in the lease is a second flat, also comprising:
3 Double Bedrooms
Bathroom
Lounge
Kitchen/Dining Room
This flat is let on a shorthold tenancy and provides a rental income of £1,400 per month |
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Tenure : |
We understand the entire premises are held on a secure renewable lease from a private landlord having approx. 5 years unexpired at a rental of £26,000 p.a. exclusive of rates up to November, 2008, with rent to be agreed thereafter. (It should be noted that with the rental income of £16,800 p.a. in respect of the second flat, the net rental payable at the present time is only £9,200 p.a. exclusive of rates).
We further understand that subject to satisfactory references, the landlord is prepared to grant a new 15 years lease, at rent and terms to be agreed.
Uniform Business Rates: £3,200 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED |
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