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Counter Newsagents/Convenience Store For Sale

Worcestershire, UK
Asking Price:
£89,500
Turnover:
£364,000
Net Profit:
Undisclosed

6 DAYS OPENING (Short Hours)

DOUBLE FRONTED PREMISES in the region of 1,350 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lighting, sales counter, 3 x cash register, cigarette gantry, modern adjustable shelving, card display stands, 2 x Coca-Cola fridge, CCTV system (12 cameras, 1 monitor), alarm.

Stock room / Office in the region of 50 ft²

First floor PREMISES in the region of 320 ft² with lift for transporting stock

Additional Office and Stock room.

Staff room with Sofa, Table, Chairs and Kitchenette.

Staff Toilet with w.c. and wash hand basin.

LOCATION: Shopping centre locality, prominent trading position, residential, office and commercial area, Worcestershire.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 22% approx. Wholesale newsbill £700 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
Lottery Sales average £4000 per week (£262 commission per week).

PayPoint Sales average £10,000 per week (£30 commission per week).

STAFFING: The business is at present operated by the vendor with the assistance of 1 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£30,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold