Newsagents for sale in East Sussex

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Newsagent with Post Office in East Sussex

East Sussex, England

  • Leasehold Price: £84,000
  • Weekly Turnover: £4,500
Seller Reference: NB-C8730
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Business Description
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Seller Reference: NB-C8730
Request Details
Business Description
Nationwide are delighted to present to the market PROFITABLE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, FULL FREE OFF LICENCE plus POST OFFICE LOCAL. Situated in a parade, residential area, EAST SUSSEX.

DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area. We understand the shop was refitted approximately 1 year ago. New tiled floor, suspended ceiling with concealed LED lighting. Air conditioning. The equipment includes 1-3.75m open cool display unit (used for wines, beers, soft drinks etc), modern adjustable shelving, magazine display shelving, news stand (on loan), large greeting card display section, slats to walls, Walls ice cream deep freezer, counter plus post office combination counter (2 positions) etc.

Staff Cloakroom with w.c. & wash hand basin

Turnover : £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,800 p.w. We are further advised that the gross profit is in the region of 25%. We understand the post office local currently provides an income currently in the region of £27,000 p.a.

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (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. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £84,000 (C8730)

Is accommodation included?:
Available as an optional extra on a shorthold tenancy at a rental of £650 per month is a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, all generally in GOOD CONDITION, comprises:

First Floor
Large Lounge plus adjoining fully fitted kitchen
Fully tiled shower room with shower, w.c. & wash hand basin

Second Floor
3 Bedrooms (2 doubles, 1 large single)
Fully tiled bathroom with bath, w.c. & wash hand basin
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