- Advert ID: 650424
- (Seller ref: N2090)
Long Established Newsagent With Accommodation For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Norfolk
- > Norwich
- > Norwich
- Category:
-
- Retail
- > General
- > Newsagents
Listed by:
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Summary
- Asking price:
- £99,750
- Sales revenue:
- £430,546
- Net profit:
- £52,662
Business description
Highly successful, long established business situated in a prominent trading position. Member of a recognised symbol group. Spacious two bedroom flat with rear garden and garage. Certified accounts show sales net of vat of £418,804 per annum plus lottery and pay point transactions of £11,742. Declared gross profit of £104,739.
Property information
- Property:
- Leasehold
- Lease terms:
- Twenty one year lease from 1995. Rent £12,000 per annum with rent reviews every third year. Our client currently sub lets the flat under the terms of a six month shorthold tenancy agreement at a rent of £500 per month exclusive.
- Living accommodation:
- Self contained two bedroom flat with rear entrance. Garden at rear, single garage and lockup garden store. Driveway providing off road car parking.
- Location:
- Located in the city of Norwich, the business is sited in a densely populated suburb fronting onto a busy road.
Other information
- Trading hours:
- 5.30am to 6pm Monday to Saturday, 5.30am to midday on Sunday
- Financing available:
- Via Ashley Tate's panel of recommended banks and brokers.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > England
- > South East
- > Norfolk
- > Norwich
- > Norwich
- Retail
- > General
- > Newsagents
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