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Related Ads > Middlesex Business for Sale > Newsagents to Lease > Newsagents in Middlesex for Sale 

Profitable Kiosk Selling News, Confectionery, Tobacco, Sandwiches, Teas & Coffees, Sandwiches Plus Flowers & Mobile Phone Accessories

Undisclosed Middlesex
Adjoining Underground Station, MIDDLESEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66778
ADVERT IMPRESSIONS : 10,991 TIME(S)

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

LEASEHOLD:

£59500
 

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BUSINESS DETAILS:

Features : SINGLE FRONTED KIOSK with 2 entrances, recently refurbished. Tiled floor. New counter, electronic cash register, 2m open cool display unit (used for soft drinks), automatic coffee machine (on lease to be taken over) etc.

Small stock area

Location : Adjoining Underground Station, MIDDLESEX

Opening Hours : Monday - Saturday inclusive - 6 a.m. - 6 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. In addition we understand there is a turnover of approximately £500 p.w. in respect of mobile phone accessories plus a further additional turnover of £500 p.w. in respect of phone top-up cards. The vendor has stated the overall gross profit is in excess of 30%. We are advised by the vendor they receive a commission from Lyca & LebAra £100 per month for advertising.

Tenure : We understand the premises are held on a secure lease from Tansport for London for a period of 6 years from January, 2011 at a rental of £8,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£10,000 approx).
LOAN POSSIBLE TO AN APPROVED APPLICANT

Staff : The business is at present operated by the vendor with the assistance of 1 full time family member.
   
  FOR SALE
   

REFERENCE:

C7760 / RightBiz
   
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ENQUIRIES:

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