Highly Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence (granted June, 2014) for Sale
Leasehold : £ 115,000
Turnover : £ 8,000 p.w.
Situated in a parade, excellent town centre trading position, close to the M1 on the LEICESTERSHIRE/DERBYSHIRE BORDERS
Turnover: £8,000 p.w. Wholesale newsbill £2,800 p.w. Gross profit 30% approx. In additon the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £80/£100 p.w. The business also has Paypoint which we understand provides a further revenue of approximately £30 p.w. We are further advised that the sales for the 5 month period 27th October, 2013 to the 5th April, 2014 showed £190,236 with a gross profit of £58,481. We are further advised that the previous owners figures year ending July, 2012 showed sales of £345,467 with a gross profit of £105,781 & a net profit of £85,217.
||The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED if not required for personal use we understand has potential to be sublet to provide a rental income of approximately £6,000 p.a. The FLAT comprises:
3 bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. & wash hand basin
||TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT