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Related Ads > Kent Business for Sale > Leasehold Newsagents to Rent > Newsagents in Kent for Sale 

Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks Slight Convenience Groceries

Undisclosed Kent
Situated in a parade, residential area, not far from BROMLEY & KENT.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 53190
ADVERT IMPRESSIONS : 6,736 TIME(S)

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

LEASEHOLD:

£75000
 

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BUSINESS DETAILS:

Features : No Parking Restrictions

ATTRACTIVE DOUBLE FRONTED SALES SHOP approx. 400 sq. ft. sales area with quality porcelain tiled floor, suspended ceilig with concealed lighting and fully equipped including modern adjustable shelving, 1 upright double door glass fronted drinks display fridge (owned), 1-1.8m open cool display unit, 1 large sliding topped chest display deep freeze (not used at present), 2 greeting card display stands with drawers, counter, electronic cash register, cigarette gantry (on loan), photocopier (on loan) etc.

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, residential area, not far from BROMLEY & KENT.

Opening Hours : Monday - Friday inclusive - 6.30 a.m. - 7 p.m.
Saturday opening - 7.30 a.m. - 7 p.m.
Sunday opening - 7.30 a.m. - 2.30 p.m.

Turnover : WE ARE INFORMED the turnover averages in the region of £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Licence. Wholesale newsbill £900 p.w. Gross profit 20% approx. In addition the business sells bus passes and this provides an additional income of approx. £50 p.w.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 5½ years unexpired at a rental of only £8,000 p.a. exclusive of rates for the next 1½ years with rent to be agreed thereafter.

Uniform Business Rates: We understand nil payable from October, 2010

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£12,000/£14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Car parking space for 1 car.
Garage (ideal for storage purposes)

Staff : The business is at present operated by a husband and wife team with the assistance of 2 part time staff.
   
  FOR SALE
   

REFERENCE:

C7533 / RightBiz
   
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