Newsagent In Affluent Location With Good Potential - Hampstead, North London | | Camden London | | This is a very well established family run business which has been in the current ownership for 30 years. Shop takings are currently £6,000 p.w. with potential for more through introducing off-licence lines, sandwiches, Oyster machine, etc. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48934
ADVERT IMPRESSIONS : 13,740 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £109950 | ANNUAL RENT: | £27000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION: Situated in a good trading location in an affluent residential part of North London.
DESCRIPTION: This is a single fronted newsagent with an outside canopy and roller shutters. Internally there is a suspended ceiling and carpeted flooring. The shop floor is 28’6 x 13’6”. The counter display unit is at the rear. There is a separate storage room/kitchen (approx 200 sq ft) at the rear. In addition there are stairs which lead down to a larger storage room in the basement (approx 800 sq ft). There is also a toilet in the basement and a rear exit. Generally the premises could do with some updating to suit the taste of the new purchaser.
EQUIPMENT: The business is fully equipped for the trade including 2 chest freezers, 2 drinks fridges (double plus single), copier, 6 greeting card racks, cigarette gantry, digital till and various shelving. There is also an a/c unit, fan heater and monitored burglar alarm.
BUSINESS: This is a very well established family run business which has been in the current ownership for 30 years. Shop takings are currently £6,000 p.w. plus lottery with potential for more through introducing off-licence lines, sandwiches, Oyster machine, mobile top-ups, Western Union, etc.
HOURS: 7.30am – 7.30 pm 7 days. Excellent potential to increase takings by closing later in the evenings.
ACCOMM: There is no residential accommodation however there is potential to convert the basement into a flat subject to planning permission.
TENURE: A new lease commenced for a term of 15 years with the rent being £27,000 per annum with reviews every 3 years.
RATES: Business rates payable are approx £11,000 p.a.
PRICE: £109,950 + SAV (stock is approx £22,500). Freehold also may be available at the right offer price.
NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999
UPTO 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).
Visit www.AbacusBusiness.co.uk for lots of other businesses for sale NOT SEEN ANYWHERE ELSE.
PLEASE REGISTER with us right now so we can arrange a viewing for you today. | | | | | | FOR SALE | | | | | REFERENCE: | N3026L / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
