Newsagent and Off Licence in Derby For Sale

Situated in a terrace, main road trading position, approximately miles from the city centre of DERBY DERBY

Turnover £ 5,000
Price £249,950

Features

Freehold Village News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence Plus On Line National Lottery

IMPRESSIVE DOUBLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting, ice cream deep freeze (owned), 2 upright double door glass fronted display fridges (owned), 1 upright single door glass fronted display fridge (on loan from Lucozade), modern shelving, centre display gondola, counter, 1 till with scanning.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,500 p.w. Lottery sales £1,500 p.w. Gross profit 20% approx. The business also has E-Pay which we understand provides a further revenue of approximately £15 p.w.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff. 4 morning newsrounds. Delivery charge £1 p.w.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 8 a.m. - 12 noon

Accommodation

The accommodation comprises:

Ground Floor
Fitted Kitchen

First Floor
Large living room
Large double bedroom
Bathroom with corner bath, w.c. & wash hand basin

Stairs to attic providing additional double bedroom

Outside

Yard at rear

Tenure

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £249,950 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 174,965 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote