Newsagents for sale in South London

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I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Leasehold Price: £60,000 Price Reduced Weekly Turnover: £5,000
Request Details
Business Description
DOUBLE FRONTED SALES SHOP occupying a corner position. Sales area in the region of 300/350 sq. ft. with non-slip floor, suspended ceiling with concealed lighting. Counter, electronic cash register, 1 single door Lucozade drinks display fridge (on loan), 1 double door glass fronted drinks display fridge (owned), 2 additional sliding double door glass fronted display fridges (both owned) 1 used fo soft drinks plus 1 used for beers, mocern shelving. CCTV system with 4 cameras, monitor plus recording etc.

Large cellar used for storage purposes
Staff w.c. & wash hand basin
Kitchen area with sink.

Turnover : £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400/£500 p.w. We further understand the gross profit is in the region of 24%. 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 £100 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 £60,000 plus STOCK AT VALUATION (£10,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Friday inclusive - 6 a.m. - 7.30 p.m.
Saturday opening - 8 a.m. - 7.30 p.m.
Sunday opening - 8 a.m. - 2 p.m.


Number of Employees:

The business is at present operated by a lady vendor with the assistance of family help

Tenure: Leasehold

Location Details:

Situated end of parade, main road trading position, densely populated residential & commercial area, SE LONDON

Listed by: Nationwide Businesses Ltd
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C8632
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