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Reference C8731

Newsagent with Off Licence for sale in West Molesey


Location

Situated in a parade of 9 shops, main road trading position, residential area on the SURREY/MIDDLESEX BORDERS not far from Hampton Court.

Features

Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence Plus On Line National Lottery

Service road in front of parade. NO PARKING RESTRICTIONS

DOUBLE FRONTED SALES SHOP approx. 550 sq. ft. sales area with laminated strip floor, suspended ceiling, fluorescent lighting. The equipment includes shelving, counter, electric cash register, 1 open cool display unit, 1 upright double door drinks display fridge (owned), 2 revolving card display stands (on loan), ice cream deep freezer, 2 glass topped chest deep freezers etc.

Staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 5,000/ 6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 800 p.w. Gross profit 24% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately 50 p.w. The business also has Oyster which we understand provides a further commission of approximately 50 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (10,000/12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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