Newsagents for sale in South London

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

 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: £69,500 Weekly Turnover: £6,000
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Business Description
The business has been in the sale hands for approximately 36 years & there are genuine reasons for sale.

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 600/650 sq. ft. sales area. We understand the shop was refitted approximately 4 years ago. Vinyl floor, suspended ceiling with concealed lighting. The equipment includes 5 greeting card display stands with drawers under plus additional card display section, centre display gondola, coffee machine, counter, computerised touch screen till (maintenance agreement), ice cream deep freezer, Arneg 3.75m open cool display unit (used for soft drinks & beers) etc.

Small stockroom
Staff w.c. & wash hand basin.

Turnover : £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,400 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £80/£100 p.w. The business also has bus passes which we understand provides a commission of approximately £170 p.w. In addition there is Payzone. We are further advised that the trading & profit & loss accounts for the year ending 31st October, 2015 showed sales of £269,763 with a gross profit of £76,501 plus commission & bonus received of £17,902 providing a total gross profit year ending October, 2015 of £94,403.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 or near offer plus STOCK AT VALUATION (£25,000 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 - 7 a.m. - 7.30 p.m.
Sunday opeing - 7 a.m. - 1 p.m. only
It will be appreciated upon inspection that there is potential for additional evening opening, if desired


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 1 part time staff. 2 news rounds. Delivery charge £2.50 p.w.

Tenure: Leasehold

Accommodation Details: Garage at rear

Location Details:

Situated in a parade, excellent main road trading position, residential area with schools nearby, LONDON, SW

Listed by: Nationwide Businesses Ltd
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C8720
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