Newsagents for sale in North London

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I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Leasehold Price: £167,500 Weekly Turnover: £9,600
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Business Description
SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area, could be extended into the ground floor stockroom, if desired. The shop has a tiled floor, fluorescent lighting & is well equipped including counter, 2 tills with EPOS scanning system, 3 double door glass fronted drinks display fridges (owned), modern shelving, 7 greeting card display stands, 1 ice cream deep freezer etc.

Stockroom & office at rear plus staff w.c. & wash hand basin
Kitchen area

Stairs to first floor - large additional storage area.

Turnover : £9,600 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the Premises & Personal Licence. Wholesale newsbill £1,000 p.w. Gross profit 24% approx. 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 £380/£400 p.w. The business also has Oyster which we understand provides a further commission of £320/£350 p.w. In addition the business has Paypoint which we understand provides a further commission of approximately £80 p.w. The business also has Western Union which we understand provides a further commission of approximately £450 per month. In addition there is a photocopier/fax machine which we understand provides a further revenue of approximately £400 per month. A further revenue of £250 p.w. from phone cards & international phone cards

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Operated 6 days per week Monday - Saturday inclusive - 6 a.m. - 6.30 p.m.
It will be appreciated upon inspection that there is terrific potential for additional opening hours & indeed for Sunday opening, if desired.

Number of Employees:

The business is at present operated by the vendor with the assistance of staff.

Tenure: Leasehold

Accommodation Details: Parking for 2 cars

Location Details: Situated in a parade, shopping mall, N LONDON

Listed by: Nationwide Businesses Ltd
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