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Reference C8716

Counter Newsagent in Surrey For Sale

Register to see map and to make an appointment Excellent trading position, SURREY

Turnover 5,500
Price 19,500

Features

Spacious Counter News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 780 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Counter, electronic cash register, 2-2m open cool display units.

It will be appreciated upon inspection that the shop, in our opinion, would benefit from a certain amount of refitting.

Stockroom
Staff cloakroom with w.c. & wash hand basin basin

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional stock. We understand that a lottery terminal has recently been introduced which together with scratch cards are currently providing a commission of approximately 25 p.w. The business also has Oyster which we understand currently provides a further revenue of approximately 40 p.w.

Staff

The business is at present staff operated. 2 full time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
In our opinion there is terrific potential for additional opening hours, including weekends

Outside

Rear access for deliveries

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a current rental of 22,000 p.a. plus VAT exclusive of rates up to August, 2020 with rent review at that time and thereafter every 5 years. We further understand there is a service charge currently of approximately 350 p.a.

Uniform Business Rates: 7,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 19,500 plus STOCK AT VALUATION (4,000/5,000 approx).

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