Newsagents for sale in Oxfordshire

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S Martin (Feb 2013)
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Leasehold Price: £85,000 Price Reduced Weekly Turnover: £6,000
Request Details
Business Description
• ACCOMMODATION INCLUDED

Sales shop in the region of 500/600 sq. ft. with tiled floor. The equipment includes counter, electronic cash register, 2 greeting card display stands, 3 open cool display units (including 2 on loan plus 1 owned), modern shelving, display stands etc.

Stockroom at rear plus stockroom/office with sink

It will be appreciated upon inspection that there is potential to extend the sales area into the rear stock area, if desired.

Staff w.c..

Turnover : £6,000/£6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. We are advised the gross profit is in excess of 20%. In addition the business is agents for the sale of online national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Paypoint which we understand provides a further revenue of approximately £20 p.w. The business also has an external ATM machine & we are advised this provides a commission of £2,500/£3,000 p.a.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£15,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening 7 a.m. - 1 p.m. only


Number of Employees:

The business is at present operated by the vendor with the assistance of 1 part time staff.

Tenure: Leasehold

Number of bedrooms: 5

Accommodation Details:

The SPACIOUS accommodation which does require some redecoration & refurbishment comprises:

First Floor
Lounge Lounge
Separate Dining Room
Kitchen (needs fitting)

Second Floor
3 Double Bedrooms
Bathroom with bath, wash hand basin (needs refitting)
Separate w.c.

Third Floor
2 Additional Double Bedrooms

Location Details:

Situated end of parade, occupying a corner position, OXFORDSHIRE

Listed by: Nationwide Businesses Ltd
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C8177
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