Newsagents for sale in West London

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

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £75,000 Price Reduced Weekly Turnover: £4,000
Request Details
Business Description
SPACIOUS SINGLE FRONTED SALES SHOP with non-slip floor, fluorescent lighting. The equipment includes counter, electronic cash register, magazine display shelving, 2 double door glass fronted fridges, plus 1 single door glass fronted fridge (all on loan from Coca Cola), 2 ice cream deep freezers (owned), shelving, 4 card display stands etc.

In our opinion, which will be appreciated upon inspection, the shop could benefit from a certain amount of refitting

Small stockroom
Staff w.c.

Situated in a parade, busy road, tourist & student area WC LONDON

Turnover : £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £750 p.w. Gross profit 22% approx. 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 Oyster which we understand provides a further commission of approximately £50 p.w. The business also has Paypoint including Parcel collection & delivery service providing a further commission of approximately £110 p.w. The business also has Western Union which we understand provides a further commission of approximately £50 per month. In additon the business has phone card sales which we understand provides a further revenue of approximately £50 p.w. As will be appreciated the total commissions received at the present time is in the region of £21,700 p.a.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
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 : £75,000 (C8865)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Friday inclusive - 7 a.m. - 6.30 p.m.
Saturday opening - 8 a.m. - 6 p.m.
NO SUNDAY TRADING
THE BUSINESS IS ALSO CLOSED ON ALL BANK HOLIDAYS

Number of Employees:
At present operated with 1 full time manager plus vendors husbands' assistance

Tenure: Leasehold

Accommodation Details: Small storeshed

Location Details:
Situated in a parade, busy road, tourist & student area WC LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8865
Seller Reference:
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