Newsagents for sale in East London

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Newsagent in East London

East London, London, England

  • Leasehold Price: £49,500
  • Weekly Turnover: £4,500
Seller Reference: NB-C9191
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Business Description
 
 
 
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Seller Reference: NB-C9191
Request Details
Business Description
Nationwide are delighted to present to the market COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, OYSTER, PAYPOINT. Situated in a parade, main road trading position, EAST LONDON.

Electric shutters to DOUBLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area, suspended ceiling with concealed lighting. Well equipped including modern shelving, counter, touchscreen till, ice cream deep freezer, 2 double door glass fronted display fridges (on loan), 1 Monster Energy glass fronted fridge (on loan), magazine display shelving etc.

Staff w.c. & wash hand basin

Cellar used for storage purposes

Turnover : £4,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. The business also has Oyster (commission received £150 per week) & Paypoint.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£12,000 approx)
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 : £49,500 (C9191)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
Yard at rear
Listed by:
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