Newsagents for sale in East Sussex

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 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
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Leasehold Price: £120,000 Weekly Turnover: £10,000
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Business Description
The business has been in the same hands for the past 27 years and there are genuine reasons for sale.

IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting and well fitted including counter, 2 electronic cash registers, 1 computerised till, 2-3.75m open cool display units (1 used for beers & wines whilst the other is used for soft drinks), 1-2.5m open cool display unit (used for milk, sandwiches & dairy produce), 1 3-tier ice cream deep freeze (owned), modern adjustable shelving, 3 centre display gondolas, 7 greeting card display stands (6 with drawers under whilst the other has gift wrapping paper section), upright double door glass fronted display deep freeze etc.

Ground floor stockroom with upright double door glass fronted storage fridge
Office

STAIRS TO LARGE BASEMENT probably in the region of 1,000 sq. ft. providing 4 stockrooms
Staff cloakroom with w.c. and wash hand basin
Kitchen

Situated in a parade, busy road, residential area, EAST SUSSEX

Turnover : £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,400/£1,500 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £200 p.w. The business also has Paypoint which we further understand provides a further commission of £60 p.w. We are further advised that the sales year ending 31st December, 2014 showed a turnover of £455,953 plus commission received of £14,223 providing a total turnover of £470,176 with a gross profit of £98,885.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

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
Tenure: Leasehold

Listed by: Nationwide Businesses Ltd
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C8544
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