Freehold Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery for Sale
Freehold : £ 445,000
Turnover : £ 14,000 p.w.
Residential area with school & community centre close by CAMBRIDGESHIRE
WE ARE INFORMED the turnover currently averages £14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit in the region of 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £200 p.w. In addition the business has Paypoint/Payzone which we understand provides a further commission of approximately £90 p.w. We are further advised that the sales year ending February, 2014 showed £451,360 with a gross profit of £109,398 plus commisison received of £15,897. The commission received was in respect of an ATM machine, Paypoint & on line national lottery. Total gross profit year ending February, 2014 of £125,295. We are further advised that the sales year ending 28th February, 2015 showed £450,874 with a gross profit of £105,811 plus on line national lottery commission of £9,541, paypoint commission of £3,652 & ATM commission of £1,742 providing a total gross profit of £120,746.
||The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, shower over bath, wash hand basin
||TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £445,000 plus STOCK AT VALUATION (£40,000/£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT