Newsagents for sale in Kingsbury

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

Newsagent and Off Licence in Kingsbury, London

Kingsbury, London, England

  • Leasehold Price: £185,000
  • Weekly Turnover: £13,000
Seller Reference: NB-C8009
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Business Description
 
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Seller Reference: NB-C8009
Request Details
Business Description
Nationwide brings to the market this PROFITABLE NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus BUS PASSES. Situated in a parade, main road trading position, residential area, LONDON, NW.

The business has the advantage of having a Bus Stop outside

DOUBLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting and fully equipped including counter, 2 tills with EPOS scanning system, cigarette gantry (on loan), 1-3.75m open cool display unit (used for soft drinks, milk & dairy produce etc), 1-2.5m open cool display unit (used for wines & beers), upright single door glass fronted display fridge (used for milk), greeting card display, shelving. CCTV system with 15 cameras, 2 monitors plus recording etc.

Stockroom
Staff w.c. and wash hand basin

Turnover : £13,000/£14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 25% approx. In addition the business is agents for Oyster cards and we understand this provides a commission of approximately £450 p.w. The business also has Paypoint which we understand provides a further commission of approximately £150 per month. In addition there is a free to use ATM machine.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£35,000 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 : £185,000 (C8009)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
Small garden
Listed by:
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