LOCATION
Prominently situated on a large shopping parade serving a huge residential area close to Stanford-Le-Hope,.
BUSINESS
Well-established concern having been in the present hands for some 18 years and now only being marketed as a result of the vendor's retirement. The business operates as a newsagent with greeting cards, National Lottery, and stationers, with a digital photo lab offering passport photos and color photocopying and framing. Tremendous potential exists for the introduction of longer hours coupled with a wider range of goods, including an off-license.
TURNOVER
TURNOVER: £3,000 pwk @ 40% + GP + Lottery Sales: approx. £550 pwk.
NEWSBILL
£350 PWK (No rounds)
STAFF
It is currently run by the vendor and his wife.
HOURS
7.30am–5.30pm Mon–Fri
7.30am–4:00pm Sat
Closed Sun
PREMISES
Parade premises with single aluminum-framed frontage.and free parking to front. Retail area: approx. 500 sq ft. all-round display shelving, gondola display, 3 upright refrigerated glass-fronted drink cabinets, magazine racking, greetings card racking and free-standing card displays; a counter with electric cash register; a tobacco gantry; an ice cream freezer; and an air conditioning unit. DKS 1810D Mini Lab, Large 12" x 18" printer, 3 colour printers, Photo book binding machine, CCTV system. Store Room to rear with st/stl sink. Fridge. Door to rear. Staff W.C. W/basin. OUTSIDE: Parking for 3 vehicles. Small lock-up brick shed.
LIVING ACCOMMODATION
Outside stairs from rear to first floor maisonette comprising: Entrance Hall, Lounge, Kitchen, bathroom, 3 bedrooms. Electric central heating.
Note: The flat is currently sublet unfurnished at £775 pcm, but could fetch £1,000 pcm.
OBSERVATIONS
The business is currently run on easy hours by the current vendor as he is winding down to retirement. There is great potential to introduce off-licence and other train lines, along with later opening hours and Sunday trading. We would feel a great increase upon the current turnover.
TENURE
New 15-year lease. RENT: £14,000 PA (5-year reviews)
EPC RATING
TBA
BUSINESS RATES
Nil is currently payable
