Newsagent & Off Licence in East Yorkshire

Nationwide are delighted to present to the market NEWSAGENTS. CONVENIENCE GROCERIES plus OFF LICENCE, NATIONAL LOTTERY. Situated in a parade, excellent main road trading position, residential and commercial area, EAST YORKSHIRE.

DOUBLE FRONTED PREMISES 1,000ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with fluorescent lighting. Sales counter, cigarette gantry, EPOS till, modern adjustable shelving, ice cream freezer, Coca Cola fridge, chest freezer, drinks display fridge. CCTV system (9 cameras, 1 monitor & cloud recorder).

Stock room / Store room.

Staff toilet with w.c. and wash hand basin

Turnover : WE ARE INFORMED by the owner the turnover currently averages £4,500/£5,000 p.w. with a gross profit of 25% approx. Wholesale newsbill £900 p.w. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of approx. £60 per week commission from NATIONAL LOTTERY & £40 p.w. from Parcel Service.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,995 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 : £49,995 (C9421)

www.NationwideBusinesses.co.uk