Newsagents for sale in Surrey

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £43,500 Weekly Turnover: £6,000
Request Details
Business Description
• ACCOMMODATION INCLUDED

Service road in front of parade providing customers' car parking (First ½ hour free plus Pay & Display during the daytime).

DOUBLE FRONTED SALES SHOP probably in the region of 550/600 sq. ft. sales area with ceramic tiled floor, suspended ceiling with LED lighting. Counter, electronic cash register, ice cream deep freezer, 1-2.5m open cool display unit, 1-1.8m open cool display unit, approximately 2m greeting card display in addition there are 4 cards spinner units, photocopier (owned) etc.

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

Turnover : £6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. We are further advised that 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 £30 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £43,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
7 a.m. - 9 p.m. seven days per week


Number of Employees:

At present operated by the vendor on a part time basis with the assistance of 1 full time & 1 part time staff. 1 morning newround. Delivery charge £2 p.w.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of £1,250 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted unitsService area at rear providing parking space for 1 car
Garage (with electricity) at present used for storage purposes

Location Details:

Situated in a parade, excellent main road trading position, sought after residential area, SURREY

Listed by: Nationwide Businesses Ltd
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C8660
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