Newsagent plus Off Licence in Hampshire For Sale

Situated in a parade, office, commercial & residential area, HAMPSHIRE

Turnover £ 6,000
Price 160,000

Features

Well Established News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free off Licence

NO RENT TO PAY

SINGLE FRONTED SALES SHOP, in the region of 400 ft², with tiled floor with suspended ceilingwith LED lighting. Counter, electric cash register with EPOS scanning system, 2 double door glass fronted display fridges, ice cream deep freezer, shelving, 2 greeting card display stands with drawers under etc.

Stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £2,100 p.w. (including orders received from the airport).

Staff

The business is at present operated by the Husband & Wife team. In addition there are 4 newsrounds. Delivery charge 40/50p p.w

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 5 p.m.
Sunday opening - 6 a.m. - 12 noon

Tenure

We are advised the premises is held on a new 999 year lease (signed in 2020) with no rent payable.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 112,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote