Low rent for area – only £12,000 per annum
Weekly newsbill is £1,400 per week
Currently operated on short hours
Shop sales approximately £6,500 pw plus lottery commissions
Profits to a working couple of some £45,000 per annum
Popular newsagent in a residential area outside Twickenham town centre.
Business is being sold as a lock-up shop but two first floor flats are also owned by the landlord and could be available by separate negotiation, subject to being vacant.
The newsagent business is long established with little local competition and benefits from a delivered business with currently 5 local rounds and a weekly newsbill of around £1,400.
The shop is a good size, being currently around 500 square feet with basement storage.
The shop currently offers newspapers and magazines, confectionery and tobacco products off licence sales and a small range of greetings cards with some convenience items.
Currently the shop operates fairly short hours, closing at 8:00 pm and a new owner could choose to extend the hours if required.
PRICE: £45,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.
This is a confidential sale and viewings may only be made through agents EM&F
Monday – Saturday 6:30 am to 8:00 pm. Sunday 7:00 am to 3:00 pm.
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