Newsagents for sale in North London

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 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £165,000 Weekly Turnover: £13,000
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Business Description
The business has been in the same hands for the past 34 years & there are genuine reasons for sale.

IMPRESSIVE DOUBLE FRONTED SALES SHOP probably in the region of 850 sq. ft. sales area with tiled floor, suspended ceiling with concealed LED lighting. Well equipped including counter, 2 tills with EPOS scanning system, 5m (2 units) open cool display unit (used for milk, dairy produce, sandwiches, juices etc), 1-2.5m open cool display unit (used for wines & beers), modern adjustable shelving, display gondolas.

In addition in the storage area there is a staff room with kitchen area plus staff w.c. & wash hand basin

Stairs to large basement - ground floor access at rear..

Turnover : WE ARE INFORMED the averages £13,000 p.w. in our opinion offering further potential to increase in the right hands. The business is situated in an expanding area with flats being built nearby. Wholesale newsbill £400 p.w. We are further advised that the sales year ending 31st October, 2014 showed £581,419 with a gross profit of £106,592 (including commission from on line national lottery sales & scratch cards, Oyster, Paypoint & an ATM machine).

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
7 a.m. - 11 p.m. seven days per week

Number of Employees:

The business is at present operated by the vendor's wife 3 days per week with the assistance of 2 full time & 1 part time staff.

Tenure: Leasehold

Location Details:

Situated in a parade, excellent main road trading position, with 2 Universities nearby, LONDON

Listed by: Nationwide Businesses Ltd
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