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Reference C8770

Newsagent with Off Licence in Surrey For Sale

Newsagent with Off Licence in Surrey For Sale
Newsagent with Off Licence in Surrey For Sale Buy a Newsagent with Off Licence in Surrey For Sale

Register to see map and to make an appointment Residential area with 5 schools nearby, SURREY

Turnover 3,300
Price 45,000

Features

Attractive Lock-up News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence

Forecourt to SINGLE FRONTED SALES SHOP in the region of 400/450 sq. ft. sales area with tiled floor & well equipped including courter, electronic cash register, modern shelving, 1 greeting card display stand, ice cream deep freezer (owned), 1 deep freezer, 3.75m open cool display unit (used for soft drinks, wines & beers, milk & sandwiches), slush machine, coffee machine. 7 cameras, 2 monitors plus recording.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 3,300/3,500 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill 1,200 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 30/35 p.w. The business also has Paypoint.

Staff

The business is at present operated by the vendor with the assistance of part time assistants when required. 5 morning newsrounds (4 newsboys employed plus 1 round understaken by the vendor). Delivery charge 2 p.w.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 6.30 p.m.
Sunday opening - 6 a.m. - 1.30 p.m.

Accommodation

The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Fitted kitchen/living room

First Floor
1 Double bedroom with en suite shower room
Additional double bedroom
Bathroom with bath, w.c. & wash hand basin

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 18,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. Alternatively should the accommodatiion not be required the vendor is prepared to grant, subject to satisfactory references, a new 15 years full repairing and insuring lease in respect of the shop only (excluding the living accommodation) at a rental of 12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (10,000 approx. plus news accounts)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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