Newsagent and Off Licence in Warwickshire

Nationwide are delighted to present to the market NEWSAGENT & OFF LICENCE. Situated in a Parade, excellent trading position, residential area, Warwickshire.

SINGLE FRONTED PREMISES in the region of 935 ft² WITH ELECTRIC SHUTTERS, vinyl floor, suspended ceiling with fluorescent lighting, sales counter, cigarette gantry, EPOS till, modern adjustable shelving, drinks display fridge (glass fronted upright four-door), ice cream freezer, CCTV system (8 cameras, 1 monitor).

Stock room.

Toilet with w.c. and wash hand basin.

Kitchen.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £3,500 – £4,000 p.w. with a Gross profit of 22% approx. Wholesale newsbill £1,000 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £700 per month approx.
NATIONAL LOTTERY £190 per week approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £40,000 (C9473)

www.NationwideBusinesses.co.uk