- Advert ID: 650930
- (Seller ref: C7102)
Newsagents For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > North London
- > North London
- Category:
-
- Retail
- > General
- > Newsagents
Listed by:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this advert to a friend >>
- Print this advert >>
Summary
- Asking price:
- £70,000 (Furniture / Fixtures included)
- Sales revenue:
- £182,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team with the assistance of 1 part time staff. 1 morning newsround. Delivery charge £2 p.w.
Business description
No parking problems. Bus Stop outside shop.
Please note that Post Office Counters have decided to close the Sub Post Office at these premises and in our opinion with the additional Retail area, the business offers tremendous potential for further development in the right hands.
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 20ft x 30ft depth. Well fitted including suspended ceiling with concealed lighting, new counter, electronic cash register, 2 greeting card display stands with drawers, centre display gondola, cigarette gantry (on loan), photocopier, 1 upright single door drinks display fridge (owned), 1-3.75 metre open display unit etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 9¼ years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3 months, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Living accommodation:
- The spacious living accommodation, partly let and producing a rental income of £500 p.w. however, we understand that vacant possession can be given on completion. The accommodation has FULL GAS FIRED CENTRAL HEATING and comprises: First Floor Large l
- Location:
- Situated in a parade, residential area, LONDON N
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £500 p.w. Gross profit 22% approx.
- Reasons for selling:
- Offers Invited To Include The Secure Lease, Goodwill, Fixtures & Fittings In The Region Of £70,000 Plus Stock At Valuation (£7,000 Approx). Substantial Loan To An Approved Applicant
- Trading hours:
- Monday - Saturday inclusive - 6 a.m. - 6.30 p.m.
Sunday opening 6 a.m. - 3 p.m.
- Financing available:
- Substantial Loan To An Approved Applicant.
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
- > London
- > North London
- > North London
- Retail
- > General
- > Newsagents
Other buyers are looking to buy a business like this in Business Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell Your Business section.
BusinessesForSale.com recommends
- GET A DETAILED ANALYSIS OF THIS BUSINESS
- Compare price and profitablility to similar businesses
- Accurately value this business
- Due dilligence checklist
- View selling price of similar sold businesses
-
- Click here to view demo
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- FINANCE CONSULTATION
- Whether your Objective is Investment, Purchase, Refinance or to Raise Capital the team at Verizon are dedicated to securing the finance to meet your unique requirements.
-
- Click here for more
