Nationwide are delighted to present to the market Old Established TRADITIONAL NEWSAGENTS. Situated in a small parade, main road trading position, residential area, NW LONDON.

DOUBLE FRONTED PREMISES with SHUTTERS. Approx 540 sq ft. Vinyl floor, suspended ceiling with LED lights. Sales counter, cash register, cigarette gantry, modern adjustable shelving, 2 glass fronted upright double door drinks display fridges, ice cream freezer. CCTV system (4 cameras, 1 monitor).

Stockroom

Kitchen with cupboard, sink, fridge and hot plate.

Staff toilet with w.c. and wash hand basin.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £6,300 p.w. with a gross profit of 22.64% approx. Wholesale newsbill £550 per week

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £180 per week approx.
BUS PASSES £20 per week approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £69,500 (C9407)

www.NationwideBusinesses.co.uk