Newsagents for sale in East Sussex

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £425,000 Weekly Turnover: £10,000
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Business Description

The business has been in the same hands for the past 26 years and there are genuine reasons for sale.

IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting and well fitted including counter, 2 electronic cash registers, 1 computerised till, 2-3.75m open cool display units (1 used for beers & wines whilst the other is used for soft drinks), 1-2.5m open cool display unit (used for milk, sandwiches & dairy produce), 1 3-tier ice cream deep freeze (owned), modern adjustable shelving, 3 centre display gondolas, 7 greeting card display stands (6 with drawers under whilst the other has gift wrapping paper section), upright double door glass fronted display deep freeze etc.

Ground floor stockroom with upright double door glass fronted storage fridge

STAIRS TO LARGE BASEMENT probably in the region of 1,000 sq. ft. providing 4 stockrooms
Staff cloakroom with w.c. and wash hand basin

Turnover : £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,400/£1,500 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £200 p.w. The business also has Paypoint which we further understand provides a further commission of £60 p.w. We are further advised that the sales year ending 31st December, 2014 showed a turnover of £455,953 plus commission received of £14,223 providing a total turnover of £470,176 with a gross profit of £98,885.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday - Friday inclusive - 5.30 a.m. - 7 p.m.
Saturday opening - 6.30 a.m. - 7 p.m.
Sunday opening - 6.30 a.m. - 1 p.m.

Number of Employees:

At present operated by a husband and wife team with the assistance of 3 part time staff weekdays plus 2 casual staff on Saturdays.

Tenure: Freehold

Number of bedrooms: 5

Accommodation Details:

The SPACIOUS living accommodation with separate rear ground floor entrance, all in VERY GOOD CONDITION and mainly FULLY CARPETED is at present let on a shorthold tenancy & provides a rental income of £850 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

Ground Floor
Spacious Hall

First Floor
Large Lounge with rear balcony
Spacious fully fitted kitchen
2 Double Bedrooms
Fully tiled bathroom with bath, w.c. and wash hand basin
In addition there is a fully tiled shower room with shower, w.c. and wash hand basin

Second Floor
3 Additional Double Bedrooms (including 1 very large)
Cloakroom with w.c. and wash hand basinParking space at rear for 3 cars

Location Details:

Situated in a parade, busy road, residential area, EAST SUSSEX

Listed by: Nationwide Businesses Ltd
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