Newsagents for sale in North London

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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: £43,000 Weekly Turnover: £4,750
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Business Description
SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area, fluorescent lighting. Well equipped including counter, till with EPOS scanning system, ice cream deep freezer, 3.5m open cool display unit (used for wines, beers plus soft drinks), modern adjustable shelving etc.

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

Turnover : £4,750 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line natinal lottery tickets plus scratch cards & we understand this provides a commission of approximately £250 p.w. The business also has Oyster which we understand provides a further commission of approximately £150 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £43,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
7 a.m. - 9 p.m. seven days per week


Number of Employees:

At present mainly staff operated. Staff employed 1 full time & 1 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Accommodation Details: Small yard at rear

Location Details:

Main road trading position, densely populated residential & commercial area, NORTH LONDON

Listed by: Nationwide Businesses Ltd
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C8441
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