| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,277 TIME(S)
BUSINESS REFERENCE : C6505 / RightBiz PROFITABLE COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, ICES, SOFT DRINKS, BUS PASSES & FULL FREE OFF LICENCE (RECENTLY INTRODUCED) | | | | | | Double fronted medium sized Sales Shop with tiled floor. The equipment includes counter, 2 greeting card display stands with drawers, 1 upright double door drinks display fridge (owned), 1 upright single door drinks display fridge (on loan), ice cream deep freeze (owned), magazine display shelving, cigarette gantry (on loan) etc. Small stock area Shared Basement Staff w.c. and wash hand basin | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £75000 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent main road trading position, sought after residential area, LONDON NOpening Hours Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 7.30 a.m. - 4.30 p.m.Turnover WE ARE INFORMED the turnover is in the region of 5,000/5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,100 p.w. Gross profit 25% approx. In addition, the business is agents for bus passes and we understand this provides an additional income of approx. 150 p.w.Tenure We understand the premises are held on a secure renewable lease having approx. 6 years unexpired at a rental of 9,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: 1,500 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION (8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Shared rear garden.Staff The business is at present operated mainly by the vendor's wife and no staff are employed. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | C6505 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
