Newsagents for sale in Cambridgeshire

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £69,500 Price Reduced Weekly Turnover: £4,300
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Business Description
• ACCOMMODATION INCLUDED

The business has been in the same hands for the past 23 years & is now offered for sale due to the vendors retirement.

DOUBLE FRONTED SALES SHOP approximately 500 sq. ft. sales area with quality tiled floor & fully equipped including counter, electronic cash register, combination Post Office section with 2 positions, magazine display shelving, 3 greeting card display stands with drawers under, centre display gondola, 2 upright double door glass fronted display fridges, 2 deep freezers etc.

Stockroom.

Turnover : WE ARE INFORMED the turnover currently averages £4,300 p.w. in our opinion offering further potential to increase with additional opening hours & the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,400 p.w. Gross profit 17% approx shown on accounts. The post office has recently been converted into a Post Office Local & it is anticipated the income from the post office will be in the region of £26,000 p.a. We are further advised that the sales year ending 31st January, 2015 showed £188,849 with a gross profit of £32,258 i.e. 17.08% plus post office income.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£15,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 5.30 a.m. - 5.30 p.m.
Sunday opening 6 a.m. - 12.30 p.m.


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 1 part time staff. 5 morning newsrounds. 4 Sunday newrounds. Delivery charge £1.50/£2 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The SPACIOUS accommodation all in GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (1 large double with fitted wardrobes, 1 additional double with fitted wardrobe plus 1 single)
Fully tiled shower room with shower, w.c. & wash hand basin
Large Lounge approximately 20' long
Large fully fitted kitchenLarge garden with patio area, fish pond, lawn. 3 fruit trees.
3 sheds
Large garage plus car port

Location Details: Sought after residential area CAMBRIDGESHIRE

Listed by: Nationwide Businesses Ltd
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C8675
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