*reduced* Brilliant £5,000 Pw Over Only 5 Days Newsagents | | City of London London | | *REDUCED* *QUICK SALE* *BRILLIANT* *£5,000 PW OVER ONLY 5 SHORT DAYS CTN* *LOW RENT* *EXCELLENT EC1 CITY LOCATION* *£25,000(LEASEHOLD)* Lease to let or rent *reduced* Brilliant £5,000 Pw Over Only 5 Days Newsagents is located in London. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 33163
ADVERT IMPRESSIONS : 10,561 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Private Sale | LEASEHOLD: | £25000 | ANNUAL RENT: | £4000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION: In a busy City position close to large offices and with lots of flats nearby. DESCRIPTION: Mid-parade premises is arranged on ground floor and basement levels and has approx 15'-0" wide frontage secured by roller shutters. Internally the ground floor sales section measures 140 sq ft. There is a hatch alongside counter with stairs down to a 140 sq ft basement comprising a stock room and toilet. EQUIPMENT: Fully fitted and equipped for present trade. BUSINESS: This well established business has been in same hands since 1987 and is now for sale as the owner wishes to retire. This compact, easily run business is run single handed by the owner and is only open short hours 5½ days a week. The shop is taking £1,500/£2,000 per week with a gross profit margin of 22%, plus £2,200/£2,500 bus pass sales, plus £500/£700 per week phone cards sales. There is great potential for an enthusiastic new owner to increase takings by introducing Paypoint, Lottery, etc and staying open longer hours. The shop is in need of modernisation and if refurbished and hours extended this could also increase takings considerably. *Huge potential* HOURS: Mon - Fri 6.00 am to 6.00 pm; Sat 6.30 am to Midday. ACCOMM: There is no residential accommodation. TENURE: Lease commenced in December 1990 for a term of 20 years and the current rent is £4,000 per annum with reviews 5 years. RATES: Business rates payable are approx £700 per annum. STOCK: Approx £5,000. | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | 33163 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
