Newsagents for sale in Hertfordshire

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Newsagent in Hertfordshire

Hertfordshire, England

  • Freehold Price: £550,000  Price Reduced arrow_drop_down
  • Leasehold Price: £65,000
  • Weekly Turnover: £5,500
Seller Reference: NB-C9040
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Business Description
 
 
 
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Seller Reference: NB-C9040
Request Details
Business Description
Nationwide are delighted to present to the market MOST ATTRACTIVE COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS slight CONVENIENCE GROCERIES. Main road trading position, sought after residential area, HERTFORDSHIRE.

ATTRACTIVE DOUBLE FRONTED MEDUM SIZED SALES SHOP (new shop front installed in 2015). The sop with suspended ceiling, concealed lighting & tiled floor has all recently been refitted to a very high standard. Counter, electronic cash register, cigarette gantry, modern adjustable shelving, 2 upright double door drinks display fridges, upright single door drinks display fridge, display gondola, ice cream deep freezer (owned), modern magazine display shelving, glass topped chest deep freezer, slush machine, coffee machine (on loan). CCTV system with 7 cameras, monitor plus recording etc.

Stockroom at rear with tiled floor
Staff w.c. & wash hand basin

Turnover : WE ARE INFORMED the turnover currently averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £300 p.w. We are further advised that the gross profit is in the region of 25% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £550,000 or near offer plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE 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 : £65,000 Freehold : £550,000 (C9040)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold, Freehold
Is accommodation included?:
The SPACIOUS self contained accommodation, all in EXCELLENT CONDITION, fully DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Attractive spacious lounge with woodstrip floor
Adjoining kitchen/dining room comprising a new extension with tiled floor & newly fitted units

Stairs to first floor, comprising:
3 Double Bedrooms, all with fitted wardrobes & 1 with new fully tiled en suite shower room with shower, w.c. & wash hand basin
Large fully tiled, bathroom with new suite comprising bath, shower over bath, w.c. & wash hand basinAttractive garden with lawn & patio.
Garage
Listed by:
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