Search more Newsagents for sale in South Tottenham
Reference C7941

Newsagent and Off Licence in South Tottenham for sale

Newsagent and Off Licence in South Tottenham for sale
Buy a Newsagent and Off Licence in South Tottenham

Location
Situated in a parade, excellent main road trading position, LONDON, N

Features
Well Equipped Counter News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence, National Lottery, Oyster, Western Union

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 750 sq. ft. sales area with new woodstrip floor and fully equipped including 1-3.75m open cool display unit, 1-2.5m open cool display unit, counter, 1 electronic cash register, modern shelving, magazine display shelving, 6 greeting card display stands, ice cream deep freeze (owned) etc.

Small stockroom
Kitchenette
Staff w.c. and wash hand basin

Turnover
WE ARE INFORMED the turnover currently averages 7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 700 p.w. Gross profit we are informed in the region of 25%. The vendor enjoys greeting cards & stationery sales in the sum of 300 p.w. Oyster 200/250 p.w. commission. Advertisement 50 p.w. Lottery & scratch cards commission 300/350 p.w. Further commission (120 p.w.) from Amazon Lockers.

Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 39,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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