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

Well Established Counter News, Confectionery, Tobacco, Magazines Slight Convenience Groceries, Full Free Off Licence

Undisclosed Kent
Situated in a parade, excellent High Street trading position, adjacent to McDonalds, KENT
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69920
ADVERT IMPRESSIONS : 12,699 TIME(S)

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

LEASEHOLD:

£95000
 

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BUSINESS DETAILS:

Features : SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 550 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting, 2 air conditioning units, ice cream deep freeze (owned), counter, electronic cash register, modern shelving, slats to walls, magazine display shelving, 1-2.5m open cool display unit, 1 upright single door display fridge, 1 upright double door display fridge etc.

Storeroom
Staff w.c. and wash hand basin

Location : Situated in a parade, excellent High Street trading position, adjacent to McDonalds, KENT

Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m.

Turnover : WE ARE INFORMED the turnover averages £9,200 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit we are advised in the region of 20%.

Tenure : We understand the premises are held on a secure renewable lease, the present lease expiring in August, 2015 at a rental of £18,000 p.a. exclusive of rates, fixed for the remainder of the term. We understand the landlords will consider a surrender of the existing lease and the granting of a new 15 years lease, subject obviously to satisfactory references, at rent and terms to be agreed.

Uniform Business Rates: £5,300 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005 AND THERE ARE GENINUE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation which does require some re-decoration comprises:

First Floor
Large Lounge
Kitchenette
1 Double Bedroom
Bathroom with corner bath, w.c. and wash hand basin

Second Floor
Additional large double bedroom plus 1 single bedroom

Outside : Yard at rear

Staff : The business is at present operated by the vendor with the assistance of 2 full time staff.
   
  FOR SALE
   

REFERENCE:

C7799 / RightBiz
   
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