LEASEHOLD NEWSAGENTS/CARDS/STATIONERS/LOTTERY & PHOTO LAB

WELL ESTABLISHED
LOTS OF POTENTIAL
SELF CONTAINED 3 BED MAISONETTE ABOVE
LOW RENT

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 vendors retirement. The business operates as a newsagents with greetings 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 Lic.

TURNOVER
TURNOVER – £3,000 pwk @ 50% + GP + Lottery sales approx £550 pwk.

NEWSBILL
£350 PWK (No rounds)

STAFF
Currently run by the vendor and his wife.

HOURS
7.30am – 5.30pm Mon to Fri
7.30am – 4:00pm Sat
Closed Sun

PREMISES
Parade premises with single aluminium 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, counter with electric cash register, tobacco gantry, ice cream freezer, air con 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. Great potential to introduce an off Lic and other traing lines along with later opening hours and Sunday trading would we feel greatly increase upon the current turnover.

TENURE
New 15 year lease. RENT – £23,500 PA (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
Nil currently payable