Newsagents for sale in Kent

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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: £99,500 Weekly Turnover: £6,500
Request Details
Business Description
• ACCOMMODATION INCLUDED

PAY & DISPLAY PARKING IN FRONT OF PARADE UP TO 6.30 P.M.

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with carpet tiled floor, suspended ceiling, fluorescent lighting, centre display gondola, magazine display shelving, counter, 2 tills with EPOS scanning, back-up office computer, 1 open cool display unit, 1 double door glass fronted drinks display fridge (on loan from Coca Cola), 3 greeting card display stands. CCTV system with 3 cameras plus video recording.

Stockroom
Staff w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover averaes £6,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence & also with potential for additional opening hours, if desired. Wholesale newsbill £3,190 p.w. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £150 p.w. The business is also an agent for a parcel delivery & collection service & we understand this provides a commission of approximately £60 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£25,000 approx. including news accounts)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 5.30 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 12 noon


Number of Employees:

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 part time staff employed. 17 morning newsrounds. Delivery charge £1.65 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The SELF CONTAINED accommodation is at present let on a shorthold tenancy & provides a rental income of £900 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. & wash hand basin
Lounge/Dining Room
KitchenLarge brickbuilt outbuilding (used for the marking-up of newspapers)

Garden at rear (overgrown)

Location Details: Situated in a parade, residential area, KENT

Listed by: Nationwide Businesses Ltd
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C8657
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