Newsagents for sale in London

View the "Newsagent, Off Licence and Dry Cleaning Agency in CITY OF LONDON Central London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £49,500 Weekly Turnover: £7,000
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Business Description
Double fronted SALES SHOP, refitted approx. 5 years ago. Tiled floor, suspended ceiling with concealed lighting, 2 large Arneg open cool display units, 2 ice cream deep freezes, modern shelving, counter, electronic cash register, etc.

Staff cloakroom with w.c. and wash hand basin.

Large basement ideal for storage purposes.

Small yard at rear..

Turnover : £7,000 p.w., in our opinion offering further potential to increase in the right hands. Wholesale newsbill £60 p.w. We are further advised that the gross profit is in the region of 23%. In additon, the business is agents for the sale of online National Lottery tickets plus scratchcards. We understand this provides a commission of approx. £50 p.w. The business also has a dry cleaning agency and we are advised that this provides a commission of approx. £1,000 per month. The business also sells International Phone Cards and has an ATM machine, which we understand provides a further commission of approx. £200 per month.

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £49,500 plus stock at valuation (£25,000 approx.)
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Operated 6 days per week, Monday/Saturday incl.
8 a.m. - 9 p.m.
No Sunday trading.

Number of Employees:

The business is at present staff operated. 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wagebill coule be reduced.

Tenure: Leasehold

Location Details:

Situated in a parade, excellent trading position, SOUTH EAST LONDON

Listed by: Nationwide Businesses Ltd
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