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Reference C7611

Newsagent Convenience Store for sale in Brighton


Location

Situated end of parade, excellent main road trading position, EAST SUSSEX

Features

News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries

Spacious Sales Shop approx. 450 sq. ft. sales area with laminated strip floor, suspended ceiling, 2 air conditioning units. The equipment includes counter, electronic cash register, 2 open cool display units (including 1 on loan), cigarette gantry (on loan), ice cream deep freeze (owned), modern shelving.

Large basement comprising 3 rooms
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and in our opinion there is potential for the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £1,200 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand that this provides a commission of approx. £160 p.w. The business also has Paypoint and we understand this provides a commission of approx. £120 p.w. In addition the vendor has an Inter-Net Café area with 7 computers. We understand this provides an additional income of approx. £300 p.w.

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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