Newsagents for sale in London

View the "NEWSAGENT/OFF LICENSE/ NORTH WEST LONDON/REF: 24274" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

NEWSAGENT/OFF LICENSE/ NORTH WEST LONDON/REF: 24274

London, England

  • Leasehold Price: £40,000
Seller Reference: 24274
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 24274
Request Details
Business Description
Location: A long-running business from the last 40 yrs situated in North West London.
Walking distance to overground station, bus stop, acquiring corner pedestrian location on the parade.
Has a lot of footfall and regular fixed client in the area, it also has an off-street car parking.

Overview: The shop runs the business as News Agents and off-license having a prominent position with lots of passing trade.
The shop has basement for the storage.
The business has the potential to add vegetable, fruits increasing the business, add coffee machine, Bakery products, pay point, paper rounds, parcel services which would increase the shop turn over and business margins.
Well-maintained shop with CCTV cameras and Security system.
The shop size consists of 450 sq.ft approx. as shop floor area, the rear storage of 250 sq.ft approx., and the basement storage area of 300 sq.ft.
The Premises can be extended at the rear and in need of full-time management and refits to make maximum business profits.

Business Potential: To increase business by adding oyster, lottery, bus pass, PayPoint, parcel service, coffee machine, fruits, vegetable, and green groceries.

Turnover: £4,000 P.W.
Rent: £11,200 P.A.
Rates: Small Business Rates Relief.

Timings: Monday to Saturday from 06.30 A.M to 11.00 P.M,
Sunday from 9.00 A.M to 9.00 P.M

Financials and Price: The business is marketed for £40,000 Plus SAV, it includes the goodwill, fixtures & fitting.

Tenure: Leasehold: 6 years lease remaining and rent review every 5 years under the Land Lord Tenants Act. (Renewable Lease)

Call BTC for further details and appointment for viewing: 020 8889 7474 or email us on commercial@btcint.com

Tenure:
Leasehold
Listed by:
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