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Newsagent and Off Licence in Woodford Green For Sale

Newsagent and Off Licence in Woodford Green For Sale
Buy a Newsagent and Off Licence in Woodford Green For Sale Sell a Newsagent and Off Licence in Woodford Green For Sale Newsagent and Off Licence in Woodford Green For Sale for Sale Newsagent and Off Licence in Woodford Green For Sale for Sale Newsagent and Off Licence in Woodford Green For Sale for Sale Newsagent and Off Licence in Woodford Green For Sale for Sale Newsagent and Off Licence in Woodford Green For Sale for Sale Newsagent and Off Licence in Woodford Green For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential area with schools nearby, ESSEX WOODFORD GREEN

Turnover 7,000
Price 65,000

Features

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.

Stockroom
Staff cloakroom with w.c. and wash hand basin
Kitchen area (needs fitting)

Turnover

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.

Staff

At present operated by a lady vendor with the assistance 1 part time staff. 4 morning newsboys employed. Delivery charge 2.50 p.w.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 6 a.m. - 4 p.m.

Accommodation

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
Large Lounge
Kitchen with vinyl flooring, fitted units

Outside

Yard at rear with parking space for 2 cars

Tenure

We understand the premises are held on secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 15,800 p.a. exclusive of rates for the next 1 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 750 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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