Newsagents for sale in North London

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £43,000 Weekly Turnover: £4,750
Request Details
Business Description
SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area, fluorescent lighting. Well equipped including counter, till with EPOS scanning system, ice cream deep freezer, 3.5m open cool display unit (used for wines, beers plus soft drinks), modern adjustable shelving etc.

Stockroom
Staff cloakroom with w.c. & wash hand basin

Main road trading position, densely populated residential & commercial area, NORTH LONDON

Turnover : £4,750 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line natinal lottery tickets plus scratch cards & we understand this provides a commission of approximately £250 p.w. The business also has Oyster which we understand provides a further commission of approximately £150 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £43,000 plus STOCK AT VALUATION (£10,000 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 : £43,000 (C8441)

www.NationwideBusinesses.co.uk

Trading Hours:
7 a.m. - 9 p.m. seven days per week

Number of Employees:
At present mainly staff operated. Staff employed 1 full time & 1 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Accommodation Details: Small yard at rear

Location Details:
Main road trading position, densely populated residential & commercial area, NORTH LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8441
Seller Reference:
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