Business Summary
Key Features:-
Single Fronted Newsagents & Convenience Store Approx 185sq ft Retail Plus Rear Lounge & Kitchen3 Bedrooms to First Floor Situated in densely populated residential area North of Town Centre7 Day Trading - Turnover Averaging £10k p.w. incl Pay Zone5 Morning Rounds. 4 Evening. News Sheet £1,400 p.w.
Property Description
Accommodation Comprising
Ground Floor
Single fronted sales shop 5m x 3.5m with counter servery; private accommodation: rear lounge 5.2m 4.4m; kitchen 2.6m 2.9m;
First Floor
Bathroom with over bath shower, wash hand basin and wc; front bedroom 3.6m x 3m; rear bedroom 3m x 3.6m; box room 2m x 2.5m.
Exterior
Rear yard and garage
Business
The business trades 7 days a week, Monday to Saturday, 6am to 6pm and Sunday, 6am to 12pm. Closed Wednesday lunch 1pm till 3pm. Average weekly turnover £10,000 inclusive of Pay Zone. News sheet at cost £1,400 a week. Rounds: 5 morning, 4 evening. Extracts from the accounts for the year ending 31st July 2009 confirm turnover of £482,000, 11% gross profit and net profits in excess of £38,000. A full inventory of the fixtures and fittings will be prepared prior to exchange of contracts.
Turnover Year Ending July 2012 £398,00. Averaging £8,000 pw. GP 8.6% NP £20,000+
Services
Electric and water connected plus storage heaters and double glazing.
Tenure
Freehold.
Location
On the corner of Bedford Road and Fairfield Road which is off Claremont Road to the North of Blackpool Town Center.
Property Details