Newsagents for sale in East Sussex

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £87,500 Weekly Turnover: £9,500
Request Details
Business Description
• ACCOMMODATION INCLUDED

DOUBLE FRONTED SALES SHOP probably in the region of 550 sq. ft. sales area with non-slip floor, suspended ceiling. Counter, till with scanning system, 1 greeting card display unit (on loan), 1-3.75m open cool display unit (used for soft drinks, milk, sandwiches etc), 2-1.5m open cool display units (both used for beers & wines).

Stockroom
Staff cloakroom with w.c. & wash hand basin.

Turnover : £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450/£500 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has a Hermes Agency for the drop of & collectiion of parcels. We understand this provides a commission of £50 p.w. The business also has Payzone.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Thursday inclusive - 6 a.m. - 9.30 p.m.
Friday - 6 a.m. - 10 p.m.
Saturday - 6.30 a.m. - 10 p.m.
Sundy - 7.30 a.m. - 8.30 p.m.


Number of Employees:

At present operated by the vendor with the assistance of 3 part time staff.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The accommodation situated on the ground floor is at present let on a shorthold tenancy & provides a rental income of £1,000 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Fully fitted KitchenGarden plus garage (used for storage purposes)

Location Details:

Excellent main road trading position, close to the sea front, residential area, not far from BRIGHTON, EAST SUSSEX. We understand there is bus stop situated directly outside the shop with frequent bus services.

Listed by: Nationwide Businesses Ltd
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C8726
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