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Related Ads > Surrey Business for Sale > Newsagents to Rent > Newsagents in Surrey for Sale 

Mainly Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Convenience Groceries

Undisclosed Surrey
Situated in a parade, main road trading position, densely populated residential and commercial area, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66700
ADVERT IMPRESSIONS : 7,494 TIME(S)

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

LEASEHOLD:

£59500
 

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BUSINESS DETAILS:

Features : We understand from the owner that the premises have a Premises Licence for the sale of wines, beers and spirits and in our opinion there is terrific potential for the sale of alcohol, subject obviously to obtaining the necessary Personal Licence.

SPACIOUS SALES SHOP in the region of 850 sq. ft. sales area with tiled floor. 2 air conditioning units. 2 double door glass fronted drinks display fridges, 3 single door glass fronted display fridges, 2 glass topped ice cream deep freezes (both owned), display gondolas, counter. 13 cameras plus digital recording.

Storage area
Kitchen area
Staff w.c. and wash hand basin

Location : Situated in a parade, main road trading position, densely populated residential and commercial area, SURREY

Opening Hours : Monday - Friday inclusive - 5.30 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 6 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,400/£5,500 p.w. in our opinion offering tremendous potential for further increase, especially with an additional range of convenience groceries and the sale of wines, beers and spirits, subject to obtaining the necessary personal licence. Wholesale newsbill £1,100 p.w. Gross profit £22% approx. In addition there is an ATM machine (owned) and we understand this provides an additional revenue of approx. £60 p.w. The business also has Paypoint and we understand this provides a further revenue of approx. £40 p.w.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease at a rental of £20,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a STUDIO FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

Living room/bedroom with fitted kitchen area
Shower room with shower, w.c. and wash hand basin
In addition there is an office

Outside : Parking space at rear for 1 car

Staff : The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff. 1 small newsround undertaken. Delivery charge £1/£1.50 p.w.
   
  FOR SALE
   

REFERENCE:

C7750 / RightBiz
   
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