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Freehold Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery for Sale

Cambridgeshire


2 bedroom

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.

Accommodation: The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, shower over bath, wash hand basin
Separate w.c.
Large Lounge
Fitted kitchen
 
Tenure: 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
 
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542 Advert ID 45772    Sellers Ref : G7198/BSOL

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