Newsagent and Off Licence for sale in Essex
Situated in a parade, main road trading position, residential area with schools nearby, ESSEX
Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Full Free off Licence
SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with suspended ceiling, fluorescent lighting. Well equipped including counter, electronic cash register, 2 upright double door glass fronted drinks display fridges (including 1 on loan from Coca Cola), 1 single door glass fronted drinks display fridge (on loan from Lucozade), 1 single door glass fronted drinks fridge (on loan from Monster), 2 single glassed Redbull drink fridges, 1 open fridge for alcohol, modern shelving, 7 greeting card display stands with drawers etc.
Staff cloakroom with w.c. and wash hand basin
Kitchen area (needs fitting)
WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion having further potential to increase in the right hands. Wholesale newsbill £3,000 p.w. Gross profit 22% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £80 per month. The business also has Oyster & we understand this provides a further commission of £100 per month. There is also Amazon Parcel collect (50p commission per parcel). There is also a Lyca Mobile shop sign which we are advised provides a further income of £60 per month.
The self contained accommodation all in GOOD CONDITION over 2 floors, FULLY CARPETED, comprises:
2 Bedrooms (1 double, 1 attic room)
Bathroom with vinyl flooring, bath, shower over bath, w.c. & wash hand basin
Kitchen with vinyl flooring, fitted units
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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