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(REF: C7513)  Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Soft Drinks
 
Seller Reference: C7513
B4S Reference: 21359
Asking Price: £45,000
Net Profit: Undisclosed
Sales Revenue: £228,800
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 : ATTRACTIVE SINGLE FRONTED SALES SHOP in the region of 935 sq. ft. sales area with carpet tiled floor, fluorescent lighting. Fully equipped including counter, EPOS scanning system with touch screen and till (also used for newsrounds). CCTV system with 4 cameras, monitor plus recording. Shelving, 4 greeting card display stands with drawers, 3-tier ice cream deep freeze (on lease), 1 single door drinks display fridge etc.

Staff cloakroom with w.c. and wash hand basin plus hand dryer

WE ARE INFORMED the turnover averages £4,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 28% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 24½ years unexpired at a rental of £7,000 p.a. exclusive of rates for the next 4½ years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Yard at rear with parking space for 1 car
 
  Location: Situated end of parade, main road 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 - 5 a.m. - 5 p.m.
Sunday opening - 5 a.m. - 12 noon
  Summary of Staffing   
  The business is at present operated by the vendor. 7 morning newsrounds. Delivery charge £1.40 p.w. on averages





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