Newsagents for sale in East London

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

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £290,000 Weekly Turnover: £6,000
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Business Description
SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,400 sq. ft. sales area with quality tiled floor, suspended ceiing with concealed lighting. 2 air conditioning units. Retail counter, 1 till with scanning system plus post office combination counter, modern shelving, magazine display shelving, 2-3.5m open cool display units, upright double door glass fronted display deep freezer, ice cream deep freezer, 8 greeting card display stands. Post Office counter with anti-bandit screen (3 positions plus parcel hatch) etc.

Staff cloakroom with w.c. & wash hand basin

Basement - ideal for storage purposes.

Turnover : £6,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £300 p.w. Gross profit 20% approx. We are advised that the post office income last year was in the region of £140,000 including commission from the sale of on line national lottery tickets plus scratch cards & from the ATM machine.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £290,000 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:


Monday & Tuesday - 7 a.m. - 6.30 p.m.
Wednesday - 7 a.m. - 7.30 p.m.
Thursday & Friday - 7 a.m. - 6.30 p.m.
Saturday - 7 a.m. - 7.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection there is potential for additional opening hours, if desired.


Number of Employees:

At present operated by the vendor with in the retail section 1 full time plus 1 part time staff whilst in the main post office section 2 full time plus 1 part time staff.

Tenure: Leasehold

Location Details:

Occupying a corner position, busy road, densely populated residential & commercial area EAST LONDON

Listed by: Nationwide Businesses Ltd
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C8721
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