- Members - Register - Brokers Only - Bookmark RightBiz

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

Highly Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices Plus On Line National Lottery.

Undisclosed Kent
Situated in a parade, main road trading position, sought after residential locality, KENT.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68247
ADVERT IMPRESSIONS : 13,648 TIME(S)

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

LEASEHOLD:

£185000
 

Add this business advert to your:

 
   

BUSINESS DETAILS:

Features : Service road in front of parade providing ample customer's car parking.

ATTRACTIVE DOUBLE FRONTED SALES SHOP approximately 600 sq. ft. sales area refitted in 2004. Tiled floor, suspended ceiling with concealed lighting. Counter, 2 tills with EPOS scanning system plus back office computer, modern adjustable shelving, centre display gondola, 3 greeting card display stands, ice cream deep freeze (owned), open cool display unit etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, main road trading position, sought after residential locality, KENT.

Opening Hours : Monday - Friday inclusive - 5 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 2 p.m.

Turnover : WE ARE INFORMED the turnover averages £11,000/£12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £3,500 p.w. Gross profit 20% approx. In addition the business is agents for the sale of On Line National Lottery Tickets plus scratchcards and we understand this provides a commission of approx. £170 p.w. The business also has Oyster and we understand this provides a further commission of £40 p.w. In addition the business has Paypoint.

Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 9 years unexpired at a current rental of £16,500 p.a. exclusive of rates. We further understand the rent reviews are every 3 years.

Uniform Business Rates: £3,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE DECEMBER, 2003 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommidation situated on the first floor all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single bother with woodstrip floors)
Fully tiled bathroom with bath, w.c. and wash hand basin
Lounge (with woodstrip floor)
Kitchen with ceramic tiled floor and fully fitted

Outside : Medium sized garden at rear approximately 150' long.

Staff : The business is at present operated by the vendor with the assistance of 2 full time staff. 10 newsboys employed (12 rounds). Delivery charge £2 p.w. on average.
   
  FOR SALE
   

REFERENCE:

C7779 / RightBiz
   
  Request more information about this business..

ENQUIRIES:

  CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY
 
 
Find Similar Businesses - Sell your Business - Get Email Alerts
 

Add this business advert to your:

   
   

 
 
 

Terms & Conditions - Privacy Statement - Sitemap - Support
RightBiz Ltd. Company No. 07315996 - © 2012 All Rights Reserved.