Traditional Newsagent

Price:

Leasehold - £45,000

Seller Ref:

BMA608

Location:

London

Business Type:

Retail businesses

See Other:

Newsagents for sale in London
Retail businesses for sale in London

Description:

THE BUSINESS:

- ADVISED GROSS WEEKLY SALES £4,000 – 25% GP
- TOTAL TRADING SPACE CIRCA 362SQ FT / 33 SQ M
- SITUATED ON A PROMINENT POSITION ON WANSTEAD HIGH STREET
- CLOSE TO CENTRAL LINE UNDERGROUND STATION
- HIGHLY AFFLUENT RESIDENTIAL AREA
- DEMAND TO INTRODUCE COMMISSION BASED SERVICES

Lease Terms:

The premises is held on a 16 year renewable lease which commenced in 2001 with an annual rent passing of £10,200. Formal rent reviews are conducted every four years. We have been advised that business rates are approximately £4,100

Trading Hours:

Monday to Saturday: 07.00am – 17.00pm Sundays: 07.00am – 13.00pm