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Established Newsagents And Grocery Store In Leicestershire For Sale

Leicestershire, UK
Asking Price:
£149,500
Turnover:
£364,000
Net Profit:
Undisclosed

DOUBLE FRONTED SHOP in the region of 630 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, 2 x EPOS till, PayPoint Till, cigarette drawer, VAPE gantry, modern adjustable shelving, open cool display unit (3 metres), RedBull Fridge, drinks display fridge (glass fronted upright double-door), glass topped freezer (3 meter), CCTV system (2 cameras).

Store room.

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

LOCATION: Situated in a small parade, unopposed trading position, residential area, LEICESTERSHIRE

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 25% - 30% approx. Wholesale newsbill £1,200 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £140 per week approx.

PARCEL SERVICES £200 per month approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing alcohol.

STAFFING: The business is at present operated by the vendor with 1 full time staff employed. 6 news rounds, delivery charge £2 - £2.50 p.w.

PRICE: TO INCLUDE THE GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION (£10,000 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