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NEWSAGENTS / CONFECTIONERY / TOBACCO / GREETINGS CARDS / MINERALS / ICES /

Price:
Leasehold - £29,999
Turnover:
Register to view
Seller Ref:
C.6704
Location:

Berkshire, Western outskirts of Reading

Business Type:

Retail businesses

See Other:
Newsagents for sale in Berkshire
Other retail businesses for sale in Berkshire
Sweet shops for sale in Berkshire
Retail businesses for sale in Berkshire
Description:
THE BUSINESS:
Double Fronted Shop (approx. 540sq.ft.). Stockroom / Office. Cloakroom. Outside Store. Garage. 2 Bedroom Flat and Standing area for two cars.

We are advised that Takings average around £4,000 weekly including wholesale news bill of about £1,350 weekly (nine morning paper rounds - computerised system). In addition commissions are received from Camelot National Lottery circa £4,000 per annum, National Express Bus Tickets £5,000 per annum; PayZone / Phone Top-Ups £720 per annum.

NB. There is no opportunity for an Off Licence to be added to this business as the shop next door is licensed for this purpose.

The Flat is sub-let producing an extra income of £9,000 p.a.

Price required for goodwill, lease, tenants fittings, fixtures, utensils and equipment, etc. £29,999 STOCK EXTRA AT VALUATION
Location Details:
Situated in a residential area towards the western outskirts of the prosperous Berkshire Thameside Town of Reading.
Lease Terms:
The Semi-Detached Premises, being one of a pair of shops, are held on lease from a Housing Association which we are advised was granted in February 2009 for a term of 10 years at a current rent of £11,000 per annum. Subject to a rent review after 5 years.
Trading Hours:
6.00a.m. to 5.30p.m. (7.30p.m. Wednesday, Friday & Saturday). Open Sundays 6.00a.m. to 3.00p.m.
Accommodation:
Private Entrance to Self Contained Flat above:- Living Room. Kitchen. Two Bedrooms. Bathroom. Private Garden.
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