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Highly Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence (granted June, 2014) for Sale

Leicestershire


3 bedroom

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.

Accommodation: 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
Lounge
Kitchen
 
Tenure: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
 
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68 Advert ID 44605    Sellers Ref : C8424/BSOL

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