Newsagents for sale in East Sussex

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Imran Ahmed (Nov 2014)
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Leasehold Price: £49,950 Price Reduced Weekly Turnover: £4,500
Request Details
Business Description
• ACCOMMODATION INCLUDED

ATTRACTIVE DOUBLE FRONTED SALES SHOP probably in the region of 450 sq. ft. sales area. Ceiling with inset lighting, carpet tiled floor. Well equipped including 4 greeting card display stands with drawers under, 4 revolving card stands, counter, electronic cash register, 1 double door glass fronted drinks display fridge (on loan from Lucozade), 1 single door glass fronted drinks display fridge (on loan from Coca Cola), 1 upright single door glass fronted display fridge (owned & used for beers), magazine display shelving, gift wrapping paper section, pick 'n' mix display unit, ice cream deep freezer etc.

Stockroom
Staff w.c. & wash hand basin.

Turnover : £4,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £650 p.w. Gross profit 24% approx. We understand the post office income is in the region of £23,500 p.a. approx.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION (£12,000/£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 - 7 a.m. - 6 p.m.
Saturday opening - 7 a.m. - 5 p.m.
Sunday opening - 7 a.m. - 12.30 p.m.


Number of Employees:

At present operated by the vendor (mornings only) with the assistance of his wife & daughter full time plus 2 part time staff. It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced. 7 morning newrounds. Delivery charge £2/£3.25 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING, compriss:

3 Bedrooms (2 doubles plus an additional bedroom in the form of a loft conversion)
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge/Dining Room
Small kitchenSmall garden

Location Details: Residential area, EAST SUSSEX

Listed by: Nationwide Businesses Ltd
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C8686
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