Newsagents for sale in London

View the "NEWSAGENT/OFF LICENCE/ Greeting Cards NORTH LONDON REF: 24162" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

NEWSAGENT/OFF LICENCE/ Greeting Cards NORTH LONDON REF: 24162

London, England

  • Leasehold Price: £135,000
Seller Reference: 24162
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Business Description
 
 
 
 
 
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Seller Reference: 24162
Request Details
Business Description
NEWSAGENT/OFF LICENCE NORTH LONDON REF: 24162
Two Double fronted SHOPS next to each other situated on a busy main road corner location. Plenty of passing trade. Walking distance to the station. Modern fixtures & fittings. Below are the business figures: Trading as a Newsagent/Off Licence. Weekly T/O £11,500 p.w. Newsbill £800 p.w. Lottery £4,500 p.w. Oyster £4,000 p.w. Phone cards £1,000 p.w. Paypoint commission £180 p.w. Western Union comm £150 pcm. Net commission £35,000 p.a. Size: 1600 sq-ft High profit margin on greeting cards of £1,500 included in the weekly Turnover. Trading Hours: Mon - Sat: 7.30 am - 7.30 pm/Sun: 7.30 am - 4.00 pm. Potential for longer hours. Combined Rent: £26,000 p.a. Lease: 11 yrs lease remaining, next review in 2018 Price: £135,000 + SAV
Trading hours:
Mon - Sat: 7.30 am - 7.30 pm/Sun: 7.30 am - 4.00 pm
Number of employees:
3
Tenure:
Leasehold
Location Details:
Very Busy location with lots of passing trade. Very Short business hours
Leasehold Term:
14 yrs lease, 11 yrs remaining 5 yearly rent reviews, next review in 2018 Rates £4,000 per annum each shop.
Listed by:
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