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Related Ads > Kent Business for Sale > Newsagents for Sale > Newsagents in Kent for Sale 

Profitable Freehold News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence Plus On Line National Lottery

Undisclosed Kent
Situated in a parade, excellent main road trading position, KENT
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 65074
ADVERT IMPRESSIONS : 8,557 TIME(S)

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

FREEHOLD:

£695000
 

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BUSINESS DETAILS:

Features : Well fitted and SPACIOUS SALES SHOP approx. 850/900 sq. ft. sales area, ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. Counter, 2 touch screen computerised tills, modern adjustable shelving, 1-3.5m open cool display unit (used for beers and wines), 1 additional 3.5m open cool display unit (used for soft drinks plus milk), magazine display shelving, large greeting card display section, upright double door glass fronted drinks display fridge, photocopier (on loan) etc.

Small stockroom (not used)
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, KENT

Opening Hours : Monday - Saturday inclusive - 4.30 a.m. - 8 p.m.
Sunday opening - 4.30 a.m. - 6 p.m.

Turnover : WE ARE INFORMED the turnover currently averages £15,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £2,200 p.w. Gross profit 22% approx. IN ADDTION THE BUSINESS IS AGENTS FOR THE SALE OF ON LINE NATIONAL LOTTERY TICKETS PLUS SCRATCH CARDS AND WE UNDERSTAND THIS PROVIDES A FURTHER INCOME OF APPROXIMATELY £400 P.W.

Tenure : Uniform Business Rates: £5,000 p.a. approx.

THIS WELL ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPPRECIATED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £695,000 plus STOCK AT VALUATION (£20,000 approx. plus news accounts).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £700 per month, however, we understand that vacant possession can be given on completion, if required. This SPACIOUS MAISONETTE fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Large Lounge
Kitchen with fitted units
Bathroom with bath, w.c. and wash hand basin

Second Floor
3 Bedrooms (2 doubles, 1 single)
Cloakroom with w.c. and wash hand basin

Staff : The business is at present operated by a lady vendor with the assistance of her son. 21 newsrounds. Delivery charge £2 p.w.
   
  FOR SALE
   

REFERENCE:

C7722 / RightBiz
   
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