Newsagents for sale in Kent

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Ian McGregor (Nov 2013)
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Leasehold Price: £65,000 Price Reduced Weekly Turnover: £14,000
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Business Description
SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling. Fully equipped including counter, 1 till with EPOS scanning system, magazine display shelving, modern adjustable shelving, 3m open cool display unit, ice cream deep freeze etc.

Stairs to first floor providing large storage area
Office
Small kitchen
Staff cloakroom with w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover currently averages £14,000 p.w. in our opinion offering further potential to increase in the right hands & especially with the introduction of the sale of wines, beers & spirits. We understand there is a Premises Licence & obviously to be able to sell wines, beers & spirits it will be necessary to obtain a Personal Licence. Wholesale newsbill £600/£700 p.w. We are advised the gross profit is in the region of 24%. The business also has Western Union Money Transfer & we understand this provides a commission of approximately £200 per month.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 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 - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 8 a.m. - 6 p.m.


Number of Employees:

At present mainly staff operated. Staff employed 2 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Location Details: Situated in a parade, prime trading position, KENT

Listed by: Nationwide Businesses Ltd
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C8322
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