Profitable Kiosk Selling NewsPlus Mobile Phone Accessories For Sale

Business description

SINGLE FRONTED KIOSK with 2 entrances, recently refurbished. Tiled floor. New counter, electronic cash register, 2m open cool display unit (used for soft drinks), automatic coffee machine (on lease to be taken over) etc.

Small stock area

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure lease from Tansport for London for a period of 6 years from January, 2011 at a rental of £8,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Adjoining Underground Station, MIDDLESEX

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. In addition we understand there is a turnover of approximately £500 p.w. in respect of mobile phone accessories plus a further additional turnover of £500 p.w. in respect of phone top-up cards. The vendor has stated the overall gross profit is in excess of 30%. We are advised by the vendor they receive a commission from Lyca & LebAra £100 per month for advertising.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION (£10,000 approx). LOAN POSSIBLE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
NO SUNDAY TRADING

Employees:

The business is at present operated by the vendor with the assistance of 1 full time family member.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance