| (REF: C6945) Most Superior And Highly Lucrative Counter Newsagent |
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| Seller Reference: |
C6945 |
| B4S Reference: |
21349 |
| Asking Price: |
£85,000
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| 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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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
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Small yard. |
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Location: |
Situated in a parade, excellent High Street trading position, KENT. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 8.30 a.m. - 5 p.m. NO SUNDAY TRADING |
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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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