Newsagents for sale in Surrey

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Newsagent and Post Office Local in Surrey

Surrey, England

  • Leasehold Price: £135,000
  • Weekly Turnover: £7,500
Seller Reference: NB-C9160
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Business Description
 
 
 
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Seller Reference: NB-C9160
Request Details
Business Description
Nationwide, Businesses are delighted to present to the market PROFITABLE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, slight CONVENIENCE GROCERIES, ON LINE NATIONAL LOTTERY plus POST OFFICE LOCAL. Situated in a parade, expanding, sought after residential area, SURREY.

No parking problems. Car Park for 20/25 cars for the parade.

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,000 sq. ft. sales area with vinyl non-slip floor, suspended ceiling with LED lighting. The equipment includes counter, electronic cash register, post office combination counter, modern shelving, 7 greeting card display stands (6 with drawers under plus 1 with wrapping paper section), open cool display unit, ice cream deep freezer etc.

Stockroom plus secure store
Staff cloakroom with w.c. and wash hand basin

Turnover : £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,650 p.w. Post office income in the region of £27,000 p.a. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w. We are further advised that the sales year ending 31st August, 2017 showed sales of £339,966 with a gross profit of £57,176 plus lottery commission of £7,800 p.a. & post office local commission of £24,709 providing a total gross profit of £93,510 (including post office income, lottery & oyster commission).

TO INCLUE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION
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 : £135,000 (C9160)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
Accommodation in the form of a SPACIOUS MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental incom of £1,425 per month, however we understand that vacant possession can be given, subject to 3 months notice, to the existing tenants. The SPACIOUS accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Kitchen with fitted unitsService area at rear of parade
Listed by:
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