Newsagents for sale in Herne Bay

View the "Newsagent and Off Licence in Herne Bay, Kent" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Newsagent and Off Licence in Herne Bay, Kent

Herne Bay, Kent, England

  • Leasehold Price: £90,000
  • Weekly Turnover: £9,500
Seller Reference: NB-C8957
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Business Description
 
 
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Seller Reference: NB-C8957
Request Details
Business Description
Nationwide brings to the market this PROFITABLE LOCK-UP NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Situated in a parade, excellent main road trading position, KENT.

Well fitted and SPACIOUS SALES SHOP approx. 850/900 sq. ft. sales area, ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. Counter, 2 touch screen computerised tills, modern adjustable shelving, 1-3.5m open cool display unit (used for beers and wines), 1 additional 3.5m open cool display unit (used for soft drinks plus milk), magazine display shelving, large greeting card display section, upright double door glass fronted drinks display fridge, photocopier (on loan) etc.

Small stockroom (not used)
Staff cloakroom with w.c. and wash hand basin

Turnover : WE ARE INFORMED the turnover currently averages £9,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £3,000 p.w. Gross profit 22% approx. IN ADDITION THE BUSINESS IS AGENTS FOR THE SALE OF ON LINE NATIONAL LOTTERY TICKETS PLUS SCRATCH CARDS AND WE UNDERSTAND THIS PROVIDES A FURTHER INCOME OF APPROXIMATELY £300 P.W.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£12,000 approx. plus news accounts)
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 : £90,000 (C8957)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
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