Newsagents for sale in Nottingham

View the "NEWSAGENTS, CONFECTIONERS, TOBACCONISTS WITH NATIONAL LOTTERY AND PAY POINT SERVICE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £27,000 Price Reduced
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Business Description
A NEWSAGENTS, CONFECTIONERS, TOBACCONISTS WITH NATIONAL LOTTERY AND PAY POINT SERVICE TRADING FROM LEASEHOLD LOCK-UP BUSINESS PREMISES SITUATE IN MAIN ROAD POSITION OF TOWNSHIP CONVENIENT FOR THE CITY OF NOTTINGHAM. SALES: £336,212 PER ANNUM. PLUS COMMISSION RECEIVED: £10,017 PER ANNUM – EXTRACTED FROM THE LATEST AVAILABLE TRADING AND PROFIT AND LOSS ACCOUNT. OPENING HOURS: MONDAY TO SATURDAY: 5:00am to 6:00pm. SUNDAY: 5:00am to 12 Noon. STAFF: Three part time ladies and nine delivery persons. NEWS BILL: £1,700 approximate weekly average. NEWS ROUNDS: 10 mornings, 7 Sundays. NATIONAL LOTTERY: £2,500 approximate weekly average. BUSINESS INFORMATION: The business is conducted by the lady of the house whilst her husband follows his own occupation. The business was sold through our office by the previous vendor of around twenty two years, and our current clients have been in possession around eight and a half years. THE GROUND FLOOR PREMISES COMPRISE: DOUBLE FRONTED SALES SHOP, OFFICE, STORE, AND SEPARATE LOW SUITE W/C.
OUTSIDE: STAFF PARKING AREA. ENERGY PERFORMANCE CERTIFICATE: ASSET RATING: D 87 - A copy of the “Energy Performance Certificate – Non-Domestic Building” will be made available from the agents upon request TENURE: LEASEHOLD – CURRENT RENT: £2,075 PER QUARTER EXCLUSIVE. We understand the premises are currently held on a 25 year lease commencing 06-10-2005. A copy of the current lease can be made available by the agents upon request. ASSIGNMENT OF LEASE: A proposed purchaser of the business to pay all landlord's legal costs, and disbursements, incidental to the granting of the landlord's consent to the assignment of the lease, or a new lease, whether or not a proposed purchase proceeds to completion. LEASEHOLD ASKING PRICE: REDUCED TO £27,000 PLUS STOCK AT VALUATION REF: 7403
Tenure: Leasehold

Location Details: TOWNSHIP CONVENIENT FOR THE CITY OF NOTTINGHAM.

Leasehold Term:

TENURE: LEASEHOLD – CURRENT RENT: £2,075 PER QUARTER EXCLUSIVE. We understand the premises are currently held on a 25 year lease commencing 06-10-2005. A copy of the current lease can be made available by the agents upon request. ASSIGNMENT OF LEASE: A proposed purchaser of the business to pay all landlord's legal costs, and disbursements, incidental to the granting of the landlord's consent to the assignment of the lease, or a new lease, whether or not a proposed purchase proceeds to completion

Listed by: Sheridan & Co
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