Newsagents for sale in Herne Bay

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Polly Franey (July 2015)
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Leasehold Price: £44,950 Price Reduced Weekly Turnover: £5,000
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Business Description

BUSINESS - Well established, having been in the present hands for 6 years. The business is now only being marketed as a result of the vendors Family interests. Tremendous potential exists for longer opening hours and the introduction of Newsrounds.

TURNOVER - Accounts show £5,000 PWK @ 25% GP.

NEWSBILL - £800 PWK (No Rounds) PAYPOINT SALES: £2,000 PWK

PREMISES – Mid Parade premises with double frontage. Retail Area: 623sqft. all round display shelving, gondola display, magazine racking, greetings card displays, 3 single door upright chillers, counter with electric cash register, ice cream freezer, air con unit. Store Room: Sep. W.C. W/basin. Staff Room:

OUTSIDE – Yard: Delivery access. 4 Parking spaces to front.
Trading Hours:

6.30am - 6.30pm Mon to Fri
6.30am - 5.30pm Sun

Tenure: Leasehold

Location Details:

Prominently situated fronting a busy main road on the outskirts of Herne Bay, serving a densely populated residential area, being only 0.5 miles from the town centre.

Leasehold Term:

10 years remaining on original 16 Year lease. RENT - £8,600 PA (4 year reviews)

Listed by: Apex Business Sales
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