Newsagents for sale in South London

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Ian McGregor (Nov 2013)
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Leasehold Price: £110,000 Weekly Turnover: £10,000
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Business Description
IMPRESSIVE & SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting. Counter, electronic cash register, 10 greeting card display stands with drawers under, ice cream deep freezer, 1-3.75m open cool display unit, shelving, centre display gondolas, 1-1.5m open cool display unit. PHOTOSHOP AREA with photo developing machine (digital & normal printing) etc.

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

Turnover : £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. We understand from the present owner that the business enjoys a good greeting card sales. In addition 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 Oyster and we understandthis provides a commission of approximately £450 p.w. In addition the business has Paypoint/Payzone & we understand this provides a further revenue of approximately £400 per month.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 6 p.m.

Number of Employees:

The business is at present operated by the vendors wife with the assistance of 2 full time & 2 part time staff.

Tenure: Leasehold

Accommodation Details: Small yard at rear

Location Details:

Situated in a parade, main road trading position, densely populated residential & commercial area, not far from SW LONDON

Listed by: Nationwide Businesses Ltd
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