Newsagents for sale in Somerset

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S Martin (Feb 2013)
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Leasehold Price: £89,500 Price Reduced Weekly Turnover: £8,000
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Business Description
• ACCOMMODATION INCLUDED

SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with fluorescent lighting & well equipped including counter, till with EPOS scanning system, modern adjustable shelving, ice cream deep freezer, 1 glass topped chest display deep freezer, 1-3.75m open cool display unit plus 1-2.75m open cool display unit etc.

Stockroom plus additional stockroom

Staff w.c. & wash hand basin.

Turnover : £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £850/£900 p.w. We are further advised that the gross profit is in the region of 22%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Paypoint which we understand provides a further revenue of £30/£40 p.w. The business also has Western Union which we understand provides a further revenue of approximately £45 per month. We are further advised that the overall commission from the sale of on line national lottery tickets plus scratch cards, Paypoint & Western Union is in the region of £7,500 p.a.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£20,000/£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 2 p.m.


Number of Employees:

The business is at present operated by a husband & wife team & no staff are employed.

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:

The accommodation in the form of a SELF CONTAINED FLAT over (plus with internal access from the shop), has NIGHT STORAGE HEATING & comprises:

2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

We understand that if the accommodation was not required for personal use, there is potential to let the accommodation on a shorthold tenancy to provide a rental income of £700 per month.

Location Details:

Situated in a sought after residential area with 2/3 schools close by, BRISTOL

Listed by: Nationwide Businesses Ltd
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G7421
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