Attractive Freehold Detached Village Newsagents For Sale

Business description

Free Public Car Park nearby

ATTRACTIVE SINGLE FRONTED BOW WINDOWED MEDIUM SIZED SALES SHOP with laminated strip floor, magazine display shelving, centre display gondola, large greeting card display with drawers, cigarette gantry (on loan), upright glass fronted drinks display fridge (owned), ice cream deep freeze (owned), counter, electronic cash register etc.

Adjoining the shop is an area utilized for the marking-up of newspapers.

To the rear of the shop is a small staffroom with wash hand basin plus cloakroom with w.c. and wash hand basin

To the front of the property is an adjoining living room and in our opinion there is terrific potential to extend the existing sales area into the adjoining lounge, if desired.

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £1,843 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The ATTRACTIVE living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises: Ground Floor Front living room with gas fire Rear additional large living room with gas fire and adjoining conservatory Fully fitted kitchen with ceramic tiled floor

Location:

Sought after residential area not far from KENT

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £2,300 p.w. Gross profit 25% approx. In addition the business is agents for the sale of online national lottery tickets plus scratchcards and we understand this provides a commission of approximately £50 p.w.

Reasons for selling:

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £359,500 plus STOCK AT VALUATION (£18,000 approx. plus news accounts) SUBSTANTIAL MORTGAGE TO AN APPLICANT

Trading hours:

Monday & Tuesday - 7 a.m. - 5 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Wednesday opening - 7 a.m. - 12.30 p.m.
Thursday & Friday - 7 a.m. - 5 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Saturday opening - 7 a.m. - 5.30 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Sunday opening - 7 a.m. - 12.30 p.m. only

Financing available:

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT