Newsagents for sale in Reading

View the "READING - Newsagent and Off Licence" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

READING - Newsagent and Off Licence

Reading, England

  • Leasehold Price: £49,500
  • Weekly Turnover: £6,500
Seller Reference: NB-C8590
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Business Description
 
 
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Seller Reference: NB-C8590
Request Details
Business Description
Nationwide, Businesses brings to the market this SUPERBLY FITTED NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATION, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE. Situated in a parade, main road trading position, densely populated residential area, BERKSHIRE.

The business has been in the same hands for the past 18 years and there are genuine reasons for sale.

Forecourt to DOUBLE FRONTED SALES SHOP with shutters. Sales area probably in the region of 450 sq. ft. Newly fitted approximately 6 months ago at considerable expense. Wood effect strip floor, suspended ceiling with concealed LED lighting. New air conditioning. Magazine display shelving, 2.5m open cool display unit (used for beers), 1-3.75m open cool display unit (used for soft drinks, milk & dairy produce), ice cream glass topped display deep freezer, large glass topped chest display deep freezer, modern adjustable shelving, centre display gondola, counter, till with EPOS scanning system. CCTV system with 8 cameas, monitor plus recording etc.

Stockroom
Staff w.c.

Turnover : £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. We are further advised that the gross profit is in the region of 20%. The business at present sells on line scratch cards & we understand from the vendor that an on line lottery terminal is shortly to be installed.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£15,000/£18,000 approx).
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 : £49,500 (C8590)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
The accommodation FULLY DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING & AIR CONDITIONING IN 3 OF THE ROOMS, comprises:

First Floor
Lounge
Kitchen/breakfast room
Double Bedroom
Bathroom with bath, w.c. & wash hand basin

Second Floor
2 Additional bedrooms (1 double, 1 large single)Large yard with rear access
Listed by:
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