Newsagents for sale in North London

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Y. MacGregor (Nov 2017)
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Leasehold Price: £59,500 Weekly Turnover: £5,500
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Business Description
The business has been in the same hands for the past 30 years & is now solely offered for sale due to retirement.

DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area. Tiled floor, suspended ceiling with LED lighting, counter, till with scanning system, 1-2m open cool display unit, shelving etc.

Stockroom
Staff w.c. & wash hand basin

Small basement suitable for storage purposes

Situated in a parade, excellent main road trading position, NW LONDON

Turnover : £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,200 p.w. We are further advised that the sales year ending 2017 showed £270,487 plus commission received of £16,936

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£10,000 approx)
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.

Lease : £59,500 (C8997)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 11 a.m. only

Number of Employees:
The business is at present operated by a husband & wife team & no staff are employed. 6 morning newsrounds. Delivery charge £4.50 p.w.

Tenure: Leasehold

Location Details:
Situated in a parade, excellent main road trading position, NW LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8997
Seller Reference:
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