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Reference C9284

Excellent Newsagent and Off Licence in Middlesex For Sale

Excellent Newsagent and Off Licence in Middlesex For Sale
Excellent Newsagent and Off Licence in Middlesex For Sale Buy a Excellent Newsagent and Off Licence in Middlesex For Sale Sell a Excellent Newsagent and Off Licence in Middlesex For Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale Excellent Newsagent and Off Licence in Middlesex For Sale for Sale

Register to see map and to make an appointment High Street trading position, residential area, close to underground & river, MIDDLESEX

Turnover 5,250
Price 75,000

Features

Excellent News, Convenience Store, off Licence, National Lottery, Oyster

OFF STREET PARKING

DOUBLE FRONTED PREMISES in the region of 320ft (30M) WITH ELECTRIC SHUTTERS. Electric Heaters, suspended ceiling with concealed lighting, lino floor. Sales counter, electric cash register, modern adjustable shelving, dairy display chiller, ice cream freezer. CCTV 4 cameras.

Staff toilet with wash hand basin

Stairs to basement, with street level access.

Newly refurbisned basement 450ft (42M), suspended ceiling, carpet floor. High quality fit out. Utilised as office - potential to sublet.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,250 p.w. Wholesale newsbill 2,000 p.w. with a gross profit of 20% approx. in our opinion there is terrific potential to introduce additional lines. The business is agents for the sale of On Line National Lottery & Oyster.

Staff

The business is at present operated by the vendor with 1 full time staff employed. 2 newsboys employed.

Trading Hours

7 Day week
MONDAY - SATURDAY inclusive 6am - 7pm
SUNDAY 6am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of 14,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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