Newsagents for sale in Berkshire

View the "SMART MODERN NEWSAGENTS / SWEETS / CIGARETTES / GREETINGS CARDS / CONVENIENCE GROCERIES - SUB POST OFFICE - LOCAL SHOPPING PARADE - OUTSKIRTS READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Adam Warren (Jan 2017)
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Leasehold Price: £79,500 Weekly Turnover: £4,500
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Business Description
SMART MODERN NEWSAGENTS / SWEETS / CIGARETTES / GREETINGS CARDS / CONVENIENCE GROCERIES - SUB POST OFFICE - BUSY LOCAL SHOPPING PARADE - EASY PARKING - RESIDENTIAL AREA - OUTSKIRTS READING, BERKSHIRE

Situated in a parade of four shops fronted by customer car parking area and serving a very nice well regarded surrounding residential district on the outskirts of the prosperous Thameside Town of Reading, Berks.

The Parade Premises are held on lease (no difficulty anticipated over renewal). The present term until December 2019 at a rent of £20,000 per annum. NB. This rent includes a flat above which is currently sublet at £725 per month. Possession available if required. Potential for rental increase if continued to be let.

Very Smart Double Fronted Shop (recently refitted). Stockroom. Cloakroom.

Private Entrance to Self-Contained Flat above:- Living Room. Kitchen. Two Bedrooms. Bathroom. Currently sub-let at a rent of £725 per calendar month.

We are advised that Takings average around £4,500 weekly including Wholesale Newsbill to W H Smith of some £2,000. There are nine newspaper delivery rounds. Accounts show Gross Profit 25.31%. POST OFFICE SALARY circa £2,200 per month.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils & equipment:- £79,500 STOCK EXTRA AT VALUATION
Tenure: Leasehold

Location Details:
Situated in a parade of four shops fronted by customer car parking area and serving a very nice well regarded surrounding residential district on the outskirts of the prosperous Thameside Town of Reading, Berks.

Leasehold Term:
The Parade Premises are held on lease (no difficulty anticipated over renewal). The present term until December 2019 at a rent of £20,000 per annum.

Listed by: A H LANSLEY

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C.6813
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