Newsagents for sale in East London

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

 I sold my business through Daltons, which all went very smoothly & I thought your advertising site was great. 

Colin Morley (October 2016)
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Leasehold Price: £75,000 Weekly Turnover: £2,500
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Business Description
The business we understand has been in the same family since 1973 & there are genuine reasons for sale.

Electric shutters to DOUBLE FRONTED MEDIUM SIZED SALES SHOP in the region of 300 sq. ft. sales area, suspended ceiling. The equipment includes counter, electronic cash register, shelving, upright double door glass fronted display fridge, upright single door glass fronted display fridge. Post Office counter with anti-bandit screen (2 positions) etc.

Stockroom

Ground floor shower room with shower & w.c.

Situated in a parade, busy road, residential area, LONDON

• ACCOMMODATION INCLUDED

The accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge

Ground Floor
Dining Room
Fitted Kitchen

In addition the property has a large loft which has potential for development into additional accommodation, subject to the necessary planning permission.

Turnover : £2,500 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £370 p.w. Gross profit 20% approx. We are advised by the present owner that Post Office Counters wish the sub post office to become a Post Office Local Plus on transfer & we understand that the post office income is anticipated to be in the region of £32,000 p.a. (including commission from the sale of on line national lottery tickets & scratch cards)

TO INCLUDE THE NEW 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.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Leasehold

Number of bedrooms: 2

Listed by: Nationwide Businesses Ltd
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C8864
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