Newsagents for sale in North London

View the "Newsagent and Off Licence in North London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £85,000 Price Reduced Weekly Turnover: £14,000
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Business Description
Electric shutters to SPACIOUS SALES SHOP probably in the region of 650/700 sq. ft. sales area. Suspended ceiling with concealed lighting. Air conditioning unit, tiled floor, counter, 2 electric cash registers, glass topped ice cream deep freezer, upright sliding double door glass fronted display fridge (used for beers), 2 additional upright glass fronted fridges (owned & used for soft drinks, water etc), 5 greeting card display stands with drawers under, 4 cameras, monitor plus recording etc.

Rear stockroom
Staff w.c..

Turnover : £14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,000 p.w. We are advised the gross profit is 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 £70/£80 p.w. The business also has Oyster which we understand provides a further commission of approximately £220 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£70,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
6.30 a.m. - 8.30 p.m. seven days per week


Number of Employees:

At present operated by a husband & wife tea with the assistance of 1 full time staff.

Tenure: Leasehold

Accommodation Details: Small yard at rear

Location Details:

Situated in a parade, excellent trading position, NORTH LONDON

Listed by: Nationwide Businesses Ltd
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C8710
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