Newsagents for sale in Essex

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John Peacock (Feb 2017)
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Freehold Price: £525,000 Weekly Turnover: £5,000
Request Details
Business Description
Electric shutters to SINGLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area, carpet tiled floor, suspended ceiling with LED lighting. We understand the shop was mainly refitted in 2016. Counter, 2 tills with EPOS scanning system plus post office combination counter & secure area, 2 greeting card display stands, ice cream deep freezer, 2 double door glass fronted display fridges, 2 single door glass fronted display fridges.

Stockroom with glass fronted storage fridge

Staff w.c. & wash hand basin

Residential area with 4 schools nearby ESSEX.

• ACCOMMODATION INCLUDED

The accommodation ALL IN GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING comprises:

3 bedrooms (2 doubles, 1 large single).
Fully tiled shower room with shower, w.c. & wash hand basin
Lounge
Large kitchen/breakfast room with Amtico floor

Turnover : £5,000/£6,000 p.w. in our opinion offering terrific potential for further increase in the right hands. Wholesale newsbill £2,500 p.w. Gross profit we are advised in the region of 30%. Post Office income in the region of £25,000 p.a. approx. (including commission from on line national lottery tickets & scratch cards). We are further advised that the sales year ending 31st July, 2017 showed £262,643 with a gross profit of £88,461 plus post office income.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £525,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL MORTGAGE 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.

Freehold : £525,000 (C8581)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday & Tuesday - 5 a.m. - 7 p.m.
Wednesday - 5 a.m. - 7.30 p.m.
Thursday & Friday - 5 a.m. - 7 p.m.
Saturday - 6 a.m. - 7.30 p.m.
Sunday - 6 a.m. - 6 p.m.

Number of Employees:
At present operated by a husband & wife team with the assistance of a relative plus 1 part time staff & 2 weekend junior staff. 5 morning newsrounds. Delivery charge £2/£2.50 p.w.

Tenure: Freehold

Number of bedrooms: 3

Accommodation Details:
The accommodation ALL IN GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING comprises:

3 bedrooms (2 doubles, 1 large single).
Fully tiled shower room with shower, w.c. & wash hand basin
Lounge
Large kitchen/breakfast room with Amtico floorSmall garden with lawn plus flower borders plus brick built shed

Location Details: Residential area with 4 schools nearby ESSEX.

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8581
Seller Reference:
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