Freehold Newsagent Shop In Wokingham For Sale

Business description

Newsagents, Cigerettes, Sweets, Ices, Minerals, Off Licence, Morning Newspaper rounds, Greetings Cards etc.

Situated in a heavily populated residential area in Wokingham, Berkshire. Ground Floor Shop Premises (approx. 56.5m2 - 608sq.ft., fitted with all round display shelving, three single door glass fronted drinks chillers, double door drinks chiller, two island gondola runs, greetings card stand, two ice cream conservers, cigarette gantry, open fronted chiller, CCTV system, aluminium framed shop front with electric shutter, suspended ceiling with inset fluorescent strip lighting, vinyl floor tiling, electric heaters).

Storeroom at rear (tea & coffee making facilities, hand wash basin, w.c.). Rear access to yard / parking area.

We are advised that Takings currently average £7,000 weekly including wholesale news bill of £1,200-£1,500 weekly.

There is a flat currently let on an Assured Shorthold Tenancy at a rent of £775 per calendar month. If required this agreement can be terminated so that a purchaser can have vacant possession of the flat on completion.

Property information

Property:

Freehold

Living accommodation:

Self Contained Flat above:- Lounge / Dining Room. Kitchen (fitted units, stainless steel sink, space for washing machine, fitted gas oven and gas hob). Three Bedrooms (two with built-in wardrobes). Bathroom (corner bath, power shower over, wash basin, w.c.). UPVC double glazing throughout and gas fired central heating.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Saturday - 6.00a.m. to 6.30p.m. Sunday - 6.00a.m. to 1.00p.m.

Employees:

Manager together with an assistant manager, two part time shop assistants and newspaper boys.