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(REF: C6945)  Most Superior And Highly Lucrative Counter Newsagent
 
Seller Reference: C6945
B4S Reference: 21349
Asking Price: £85,000
Net Profit: Undisclosed
Sales Revenue: £379,600
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Kent, South East England, United Kingdom
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Similar business types:
Newsagents For Sale in Kent
  Business Summary   
  Nationwide are pleased to offer to the market : Turnover £7,500 p.w. Wholesale newsbill £1,600 p.w. Gross profit 30% approx. Operated on a strict 6 day week basis, opening Monday - Saturday inclusive - 8.30 a.m. - 5 p.m. No Sunday Trading.

SPACIOUS WELL EQUIPPED SALES SHOP, double fronted and with double door approx. 20ft frontage by 75ft depth providing a total sales area in the region of 1,500 sq. ft. The shop has a carpet tiled floor, suspended ceiling with fluorescent lighting and is well equipped including counter, 2 tills with EPOS scanning system, new counter, 6 greeting card display stands with drawers, new photocopier (on lease), large Klerex magazine display section, 2 upright single door drinks display fridges (on loan), 3 revovling display stands, CCTV system with 8 cameras, 2 monitors, hard disc recording (on lease) etc.

Large rear stockroom with shelving

Stairs to first floor providing an additional stores area

In addition on the ground floor is an office plus 1 additional small store

2 staff cloakrooms each with w.c. and wash hand basin
Staff kitchen

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,650 p.w. Gross profit 30% approx.

We understand the premises are held on a secure renewable lease, the present lease having 3 years unexpired at a rental of £14,000 p.a.

Uniform Business Rates: £6,700 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £85,000 or near offer plus STOCK AT VALUATION (£55,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Small yard.
 
  Location: Situated in a parade, excellent High Street trading position, KENT.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff.





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