Newsagents for sale in East London

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Newsagent and Post Office in East London

East London, London, England

  • Leasehold Price: £190,000
  • Weekly Turnover: £5,000
Seller Reference: NB-C8721
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Business Description
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Seller Reference: NB-C8721
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Business Description
Nationwide are delighted to present to the market SUPERBLY FITTED COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE with MAIN POST OFFICE. Occupying a corner position, busy road, densely populated residential & commercial area EAST LONDON.

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,400 sq. ft. sales area with quality tiled floor, suspended ceiing with concealed lighting. 2 air conditioning units. Retail counter, 1 till with scanning system plus post office combination counter, modern shelving, magazine display shelving, 2-3.5m open cool display units, upright double door glass fronted display deep freezer, ice cream deep freezer, 8 greeting card display stands. Post Office counter with anti-bandit screen (3 positions plus parcel hatch) etc.

Staff cloakroom with w.c. & wash hand basin

Basement - ideal for storage purposes

Turnover : £5,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £300 p.w. Gross profit 20% approx. We are advised that the post office income at the present time is in the region of £130,000 p.a. approx. including commission from the sale of on line national lottery tickets plus scratch cards & from the ATM machine.

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 : £190,000 (C8721)

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