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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence for Sale

Undisclosed, London
Leasehold Price:
£60,000
Status
SOLD / WITHDRAWN
Advert ID
198331
Reference
C8849 / Rightbiz
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £900 p.w. We are further advised that the gross profit is in the region of 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £20 p.w. The business also has Oyster which we understand provides a further commission of approximately £120 p.w.
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING is at present let & provides a rental income of £900 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen
Price :
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£9,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £60,000
Tenure: Leasehold
Location: Undisclosed, London
Sector: Newsagents, Off Licences
Financials
Annual Turnover: £312,000
Contact Agent
Telephone: Upgrade to view
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Advert Reference: C8849 / Rightbiz
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