Newsagents for sale in Surrey

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £95,000 Price Reduced Weekly Turnover: £8,000
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Business Description
* OPEN 5 am - 12 noon ONLY
* Turnover £8,000 p.w.
* Wholesale Newsbill £6,000 p.w.

Forecourt to DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, counter, cash register, computer for news accounts, shelving, 1 greeting card display stand, 2 upright glass fronted drinks fridges, ice cream deep freezer, etc.

In our opinion the shop would benefit from being refitted

Main road trading position, expanding residential village WEALTHY SURREY LOCALITY

• ACCOMMODATION INCLUDED

The limited accommodation comprises:

Ground Floor
Small office/kitchen
Bathroom with bath, w.c. & wash hand basin

First Floor
Lounge with laminated strip floor
1 Double Bedroom with laminated strip floor
Kitche with some fitted units

Turnover : £8,000 p.w. in our opinion offering tremendous potential for further development, especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, if desired, subject to obtaining the necessary premises & personal licence. Wholesale newsbill £6,000 p.w. Income received from newspaper delivery £1,250 per week, Newspaper delivery wage bill £750 per week. We are further advised that the gross profit is in the region of 24%. We understand that planning permission has been granted for a maximum of 2,000 houses to be built at the rear of the premises. We understand this development will be developed over a number of years.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£5,000 approx. plus news accounts in the region of £15,000/£16,000).
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.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Leasehold

Number of bedrooms: 1

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8979
Seller Reference:
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