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Reference C9466
Situated in a Parade, excellent main road trading position, residential, office and commercial area, Ayrshire.
Turnover £ 8,500
Price
£200,000
Features
Old Established Newsagents with Cards & Stationary
DOUBLE FRONTED PREMISES, tiled floor, suspended ceiling with fluorescent lighting, , sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 2 x drinks display fridge (glass fronted upright double-door), ice cream freezer, card display stands, CCTV system (1 camera, 1 monitor).
Stock room.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 23% approx. Lucrative Wholesale newsbill £3,000 p.w.
WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £45 per week approx.
Staff
The business is at present operated by the vendor's wife with the assistance of 2 part time staff. 7 news rounds (260 houses), delivery charge £1.85 p.w.
Trading Hours
7 Day week
MONDAY - FRIDAY 5.30am - 4pm
SATURDAY 5.30am - 1pm
SUNDAY 5.30am - 10am
Accommodation
THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £450 per month . The accommodation comprises:
3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Outside
Rear yard plus garage
Tenure
FREEHOLD.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2002, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 140,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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