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PROFITABLE COUNTER NEWSAGENTS - Centre West Sussex Coastal Town

Price:
Leasehold - £108,000
Turnover:
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Seller Ref:
SE001515
Location:

West Sussex

Business Type:

Retail businesses

See Other:
Newsagents for sale in West Sussex
Confectioners for sale in West Sussex
Retail businesses for sale in West Sussex
Description:
THE BUSINESS:
Professionally fitted shop between High St & sea. T/O £455,000pa with very good NP in excess of £55,000pa from opening M-Sat 6.30am to 5.30pm, Sun 7.30am to 4pm. Run by owner with part-time help when busy. Rent £19,000pa, Counter news, confectionery, drinks, tourist items. Owned 5 years & since moving to larger premises, 2 years ago T/O is up 50%. Scope for deliveries, if desired.
Location Details:
This busy outlet is situated in the centre of a popular coastal town in West Sussex. It is located in a traditional glass roofed arcade leading directly from the High Street towards the sea front and the town's main music and entertainment venue. As such it attracts a high volume of footfall at all times of day. It is a popular seaside town on the south coast and has its origins as a small fishing village. It is situated 69 miles south west of London and has road and direct rail links both to the capital and other major towns on the coast. It is a popular resort with high visitor numbers all year round.
Lease Terms:
The premises are held on a fully repairing and insuring lease with 3 years remaining at a rent of £19,000 per annum.
Trading Hours:
M-Sat 6.30am to 5.30pm, Sun 7.30am to 4pm.
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