WE ARE INFORMED the turnover averages £8,000/£9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,200 p.w. We understand the gross profit is in excess of 50%. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises Licence plus landlords' permission for the sale of wines, beers & spirits & obviously subject to obtaining the necessary Personal Licence.Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£35,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £150,000
Tenure: Leasehold
Location: City of London, London
Sector: Newsagents, Gift Shops
Financials
Annual Turnover: £416,000
Contact Agent
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Advert Reference: C9128 / Rightbiz
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