Newsagents for sale in Kent

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £70,000 Price Reduced Weekly Turnover: £7,000
Request Details
Business Description
Electric shutters to DOUBLE FRONTED SALES SHOP in the region of 450 sq. ft. sales area, non-slip floor, suspended ceiling with conealed LED lighting. Well equipped including counter, modern adjustable shelving, upright single door glass fronted drinks display fridge (used for wines & beers), 1-3.75m open cool display united (used for soft drinks etc), magazine display shelving, ice cream deep freezer etc.

3 Stockrooms
Staff w.c.

Situated in a parade, excellent main road trading position, KENT

• ACCOMMODATION INCLUDED

The accommodation, all recently modernised DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING. We understand can be sub-let on a shorthold tenancy, if not required for private use. We understand that the approximate rental should be in the region of £800 per month. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted Kitchen

Turnover : £7,000 p.w. in our opinion offering further potential to increase in the right hands & indeed with additional opening hours. Wholesale newsbill £750 p.w. We are further advised that the gross profit is in the region of 25%. The business is 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 includes Collect Plus which we understand provides a further commission of approximately £60 p.w. In addition the business is agents for UPS parcels & we understand this provides a further revenue of approximately £265 per month. We are further advised that the sales year ending 12th February, 2017 showed £251,577 with a gross profit of £53,117 plus lottery, Paypoint & UPS commission.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£15,000/£20,000 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.

Lease : £70,000 (C8978)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Friday inclusive 5.30 a.m. - 5.30 p.m.
Saturday opening - 6 a.m. - 5.30 p.m.
Sunday opening - 6 a.m. - 12 noon

Number of Employees:
The business is at present operated by a husband & wife team & no staff are employed. 3 newsrounds. Delivery charge £4 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:
The accommodation, all recently modernised DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING. We understand can be sub-let on a shorthold tenancy, if not required for private use. We understand that the approximate rental should be in the region of £800 per month. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted KitchenRear Garden (not used)

Location Details:
Situated in a parade, excellent main road trading position, KENT

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8978
Seller Reference:
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