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Reference C9431
Features
Superbly Fitted News, Confectionery, Tobacco, Greeting Cards Plus Post office Main
SPACIOUS SALES SHOP in the region of 2,800 sq. ft. sales area. Fully equipped. 5 fortress positions.
Turnover
WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit of 35%. Post office income £72,500 p.a.
Staff
At present operated under management.
It will be appreciated upon inspection with an active husband & wife team, the wage bill could be reduced.
Trading Hours
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING
Tenure
We understand the premises are held on a lease, the present lease expiring in August, 2024 at a rental of £30,000 p.a. exclusive of rates up to January, 2020 with rent to be agreed thereafter.
Uniform Business Rates: £17,500 p.a. approx.
Price
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000/£25,000 APPROX).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
**THE ASSIGNMENT OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE CONFIRM THAT THE LANDLORDS SOLICITORS COSTS ARE TO BE THE RESPONSBILIITY OF A PROSPECTIVE PURCHASER**
Finance
Subject to status, you maybe able to borrow up to £ 35,000 (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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