Newsagents for sale in London

View the "Newsagents / Confectioneries / Stationary SE London REF: 24199" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Newsagents / Confectioneries / Stationary SE London REF: 24199

London, England

  • Leasehold Price: £54,950  Price Reduced arrow_drop_down
  • Sale Agreed
Seller Reference: 24199
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Business Description
 
 
 
 
 
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Seller Reference: 24199
Request Details
Business Description
Newsagents / Confectioneries / Stationary SE London REF: 24199

Well established Newsagents located on very busy main road position among multiples like McDonald, KFC, Pizza hut, Super-drug etc. Shop trades in newspapers, magazines, confectioneries, gifts and greeting cards. Shop has very small selection of bears & wines. High profit margin turnover £5,500 PW ( 60% Gross Profit Margin) National Lottery £3,000 PW Oyster £2,500 PW and Pay-point £1,000 PW. . Shop measures about 1,000 square feet plus one bedroom flat above. Potential to rent one bedroom flat. Potential for longer hours, new trade lines and off license. Rent £24,000 per annum. Offers are invited in the region of £54,950 plus SAV for the leasehold in the property & business.
Trading hours:
Monday - Saturday 07.30 AM - 06.30 PM & Sunday 08.30 Am - 04.00 PM
Tenure:
Leasehold
Location Details:
Located on very busy main road position among multiples like McDonald, KFC, Pizza hut, Super-drug etc. Business established for 120 years.
Leasehold Term:
15 years lease with 5 yearly rent reviews
Listed by:
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