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Newsagents, Stationers, Art Suppliers, Slight Grocery And Off Licence For Sale

UK
Asking Price:
£149,950
Turnover:
£572,000
Net Profit:
Undisclosed

CUSTOMER PARKING & LOADING BAYS TO THE FRONT.

Prestigious triple fronted premises, in the region of 1,200 ft² - CCTV (6 cameras), carpet flooring, suspended ceiling with LED lighting.

Sales counter - EPOS cash registers (2 positions), 2 x 1m chiller for soft drinks, ice cream freezer, adjustable shelving, spinners, card racks with draws beneath, photocopier, laminator, scales for loose sweets, printer, etc.

Post Office section with 2 positions (combi counter)

Stairs to first floor;

Kitchen.

Staff changing area.

Staff toilet and wash hand basin.

Office.

Basement, 500 ft² approx. - Used for stock storage.

Location: Situated in a parade, excellent High Street trading position, residential and commercial area, Highland, Scotland.

Turnover: We are informed by the owner the turnover currently averages £10,000 p.w. increasing (due to the recently granted off licence) with a gross profit of 26% approx. Lucrative wholesale newsbill £5,000 p.w.

Post Office income in the region of £50,000 p.a. approx.

We also understand that in addition to the turnover the business also enjoys a commission of:

National Lottery £150 per week approx.

Parcel Services £100 per week approx.

Staffing: The business is at present operated by the vendor with the assistance of 1 full time staff manager and 2 part time staff.

We are informed the wage bill averages £850 p.w. approx.

We are advised there are 10 newsrounds (Monday - Friday), delivery charge £3.50 p.w.

Price: To include the new secure renewable lease, goodwill, fixtures & fittings £149,950 plus stock at valuation (£35,000 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

Other Information

Post office salary:
£50,000 per annum