| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 3,281 TIME(S)
BUSINESS REFERENCE : N2748L / RightBiz NEWSAGENTS WITH 2 FLATS FOR SALE IN HARROW, MIDDX. | | | | | | NEWSAGENTS WITH 2 FLATS – HARROW, MIDDX. | | | BUSINESS LOCATION: | Harrow Middlesex UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SELLER: | Agent Sale | LEASEHOLD: | £58000 | ANNUAL RENT: | £20600 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION: On busy main shopping street close to tube station and has good passing trade. Several bus routes pass and there is a stop nearby.
DESCRIPTION: Premises has approx 17’-6” wide frontage secured by roller shutters. Internally the 620 sq ft ground floor comprises a 485 sq ft front sales section which has non-slip vinyl flooring and suspended ceiling with recessed fluorescent lighting. There is a rear exit out to yard with 8’-0” x 20’-6” prefabricated storage building, toilet, washroom and parking area for 4 vehicles.
EQUIPMENT: Premises is fully fitted and equipped for present trade.
BUSINESS: Is well established and very profitable. We are informed is taking £4,000 per week with a gross profit margin of 25%, plus £3,000/£3,500 per week from National Lottery, plus £3,500/£4,000 per week from bus pass sales and £1,500 per week from E-Top up. In addition, there is rental income of £1,090 per calendar month from letting 2 flats.
HOURS: Mon-Sat 6.30 am to 7.00 pm; Sun 7.00 am to 3.30 pm.
ACCOMM: Separate rear entrance.
First Floor Flat: - Living/bedroom, kitchen, bathroom/toilet.
Second Floor Flat: - Living/bedroom, kitchen, bathroom/toilet.
TENURE: Lease commenced in September 1992 for a term of 20 years and the current rent is £20,600 per annum with reviews every 5 years.
RATES: Business rates payable are approx £4,080 per annum.
STOCK: Approx £12,000. | | | | | CONTACT: | ABACUS BUSINESS SALES | | TELEPHONE: | 020 7372 6868 | | REFERENCE: | N2748L / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
