Newsagents for sale in South London

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 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £159,000 Price Reduced Weekly Turnover: £14,000
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Business Description
• ACCOMMODATION INCLUDED

Electric shutters to SPACIOUS SINGLE FRONTED SALES SHOP with lino floor, suspended ceiling with concealed lighting. Counter, 2 electronic cash registers, 2 open cool display units (used for soft drinks, wines & beers), 1 single door display fridge, modern adjustable shelving, 2 greeting card display stands etc.

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

Turnover : £14,000 p.w. in our opinion offering tremendoous potential for further increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 20% approx. 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 £250 p.w. The business also has Oyster & we understand this provides a further commission of approximately £400 p.w. In addition we also understand the business has Paypoint which we are advised provides a further commission of approximately £120 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £159,000 or near offer plus STOCK AT VALUATION (£50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
6 a.m. - 10 p.m. seven days per week


Number of Employees:

The business is at present operated by a husband & wife team & no staff are employed.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The SPACIOUS SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING & DOUBLE GLAZED can be let to provide a substantial rental income if not required for personal use. The SPACIOUS FLAT comprises:

3 Double Bedrooms
2 Bathrooms each with bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Location Details:

Situated in a parade, main road trading position, residential & commercial area, SE LONDON

Listed by: Nationwide Businesses Ltd
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C8613
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