Newsagents for sale in London

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Newsagent & Off Licence in North London

London, England

  • Leasehold Price: £60,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: C8974
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Business Description
 
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Seller Reference: C8974
Request Details
Business Description
SPACIOUS SINGLE FRONTED SALES SHOP with lino floor, suspended ceiling with LED concealed lighting. The equipment includes 1 single door glass fronted display fridge (on loan from Coca Cola), 1 single door glass fronted display fridge (on loan from Lucozade), 1 single door glass fronted display fridge (owned), shelving, 1 electronic cash register, 1 additional cash register with scanning, card display section etc.

Stockroom
Staff w.c. & wash hand basin

Situated in a parade, busy road, residential area, NORTH LONDON

Turnover : £8,000 p.w. in our opinion offering further potential to increase in the right hands & especially with additional opening hours. We understand the full free off licence was only granted approximately 6 months ago, in our opinion there is terrific potential for additional sales of wines, beers & spirits. Wholesale newsbill £2,800 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w. The business also has Payzone.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTUERS & FITTINGS £60,000 or near offer plus STOCK AT VALUATION (£15,000/£20,000 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 : £60,000 (C8974)

www.NationwideBusinesses.co.uk

Trading hours:
Monday - 5 a.m. - 6.45 p.m.
Tuesday - & Wednesday - 5 a.m. - 7.30 p.m.
Thursday - 5 a.m. - 6.45 p.m.
Friday & Saturday - 5 a.m. - 7.30 p.m.
Sunday opening - 5 a.m. - 1.30 p.m.
Number of employees:
The business is at present operated by the vendor on a part time basis with the assistance of his wife on a full time basis plus 1 part time staff. 7 newsrounds. Delivery charge £4/£6 p.w.
Tenure:
Leasehold
Is accommodation included?:
Rear access
Location Details:
Situated in a parade, busy road, residential area, NORTH LONDON
Listed by:
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