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

Profitable Detached News, Confectionery, Tobacco, Greeting Cards, Stationery

Undisclosed Kent
Situated in a country town, KENT

ADVERT NUMBER : 60566
ADVERT IMPRESSIONS : 7,450 TIME(S)

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

LEASEHOLD:

£65000
 

BUSINESS DETAILS:

Features : No Parking Problems

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, fluorescent lighting and fully equipped including 6 greeting card display stands (4 with drawers under plus 2 with gift wrapping paper stand), 1 revolving card display stand, counter, electric cash register, cigarette gantry (on loan), 1 upright single door display fridge (on loan from Lucozade, 1 upright double door, display fridge (on loan from Coca Cola), 1 additional upright single door glass fronted display fridge (owned), centre display gondola etc.

Stockroom with shelving and wash hand basin
Utility room with staff w.c.

Location : Situated in a country town, KENT

Opening Hours : Monday - Friday inclusive - 5 a.m. - 5.30 p.m.
Saturday opening - 5 a.m. - 5 p.m.
Sunday opening - 5 a.m. - 1 p.m.

Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand that some while ago the business had the benefit of an Off Licence and subject obviously to obtaining the necesaary Off Licence and Personal Licence, in our opinion there is potential for the sale of wines, beers and spirits. Wholesale newsbill £1,400 p.w. Gross profit 23% approx. We are further advised that the sales year ending August, 2010 showed £230,000 inclusive of VAT.

Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 10 years unexpired from 2010 at a rental of £10,500 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: £600 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SELF CONTAINED accommodation with FULL GAS CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £625 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room
Large kitchen with fitted units

Outside : Large garden with lawn and flower borders
Garage plus parking space for 2 cars

Staff : The business is at present operated by the vendor on a part time basis with the assistance of 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. 8 morning newsrounds. Delivery charge Monday - Saturday inclusive £1.20 p.w. Sunday 40p p.w.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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