Newsagents for sale in Surrey

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Imran Ahmed (Nov 2014)
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Freehold Price: £320,000 Leasehold Price: £110,000 Weekly Turnover: £4,900
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Business Description
• ACCOMMODATION INCLUDED

The business has been in the same hands for the past 30 years and there are genuine reasons for sale.

Forecourt area to DOUBLE FRONTED SALES SHOP probably in the region of 480 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed LED lighting, retail counter plus post office combination counter, 2.5m open cool display unit, shelving, card display section, magazine display section, ice cream deep freezer.

Small stockroom at rear
Staff w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover is in the region of £4,900 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,150 p.w. Post Office income last year we understand in the region of £31,000. We are further advised that the sales year ending 30th November, 2014 showed £183,769 with a gross profit of £34,862 plus post office income at that time of approximately £41,000.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY (EXCLUDING THE STUDIO FLAT), GOODWILL, FIXTURES & FITTINGS £230,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY TO INCLUDE THE STUDIO FLAT, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 6.30 a.m. - 5.30 p.m.
Sunday opening - 6.30 a.m. - 12 noon


Number of Employees:

At present operated by a husband & wife team with the assistance of 1 full time & 1 part time staff. 5 newspaper delivery rounds. Delivery charge £2.50 p.w.

Tenure: Freehold, Leasehold

Number of bedrooms: 1

Accommodation Details:

Available as OPTIONAL is a GROUND FLOOR SELF CONTAINED STUDIO FLAT recently converted to a very high standard, DOUBLE GLAZED, attractive woodstrip floor, comprising:

Bedsitting room with fully fitted kitchen area
Fully tiled shower room with shower, w.c. & wash hand basinParking space for 1 car for the shop premises

Location Details:

Situated in a parade, main road trading position, residential area, SURREY

Listed by: Nationwide Businesses Ltd
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C8619
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