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Related Ads > Essex Business for Sale > Leasehold Newsagents to Lease > Newsagents in Essex for Sale 

Established News, Confectionery, Tobacco, Greeting Cards & Stationery

Undisclosed Essex
Situated in a Parade, main road trading position, residential area, Essex.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 39030
ADVERT IMPRESSIONS : 16,771 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Newsagents
SALE: Agent Sale

LEASEHOLD:

£135000
 

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BUSINESS DETAILS:

Features : SUMMARY: • PRICE (LEASEHOLD) £135,000 • GROSS PROFIT 25% • TURNOVER £10,000p.w.DESCRIPTION:Single fronted with electric shutters, medium sized premises (550 sq ft approx), Air conditioned with hot air, tiled floor, suspended ceiling with fluorescent lighting. Well equipped including sales counter, EPOS scanning system with 2 tills, modern adjustable shelving, CCTV system including 4 cameras, 1 monitor and hard drive recorder, 1 metres 4 meters open cool display unit, ice cream freezer, greeting card display stand. • 3 Stock rooms. • Staff kitchen area. • Staff toilet with w.c. and wash hand basinLocation : Situated in a Parade, main road trading position, residential area, Essex.Opening Hours : 7 Day week (Monday - Friday) 6am - 7pmSaturday & Sunday 7am - 7pmTurnover : WE ARE INFORMED by the vendor the turnover averages £10,000 p.w. Gross profit 25% approx.Tenure : We understand the premises are held on a secure renewable lease from the council for a period of 15 years and currently has 3 years unexpired at a rent of £5,500 p.a. next review in 3 years.Uniform Business Rates: £900 p.a. approx.Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£20,000 APPROX.)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.Outside : Rear yard with extension potentialStaff : The business is at present operated by the vendor, with the assistance of 2 full time staff • We are informed the wage bill averages £500 per week approx.. • 5 newsboys employed, delivery charge 1.30p p.w.
   
  FOR SALE
   

REFERENCE:

C7378 / RightBiz
   
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