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Reference C8994

Newsagent & Off Licence in Wimbledon For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area SW LONDON WIMBLEDON

Turnover 5,300
Price 30,000

Features

Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence

SINGLE FRONTED MEDIUM SIZED SALES SHOP with counter, electronic cash register, 2 greeting card display stands, 1 open cool display unit, shelving etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 60 p.w.

Staff

At present operated by a lady vendor with the assistance of her husband on a part time basis. 2 morning newsboys employed. Delivery charge 3 p.w.

Trading Hours

Monday - 6.30 a.m. - 7 p.m.
Tuesday & Wednesday - 6.30 a.m. - 7.30 p.m.
Thursday - 6.30 a.m. - 7 p.m.
Friday & Saturday - 6.30 a.m. - 7.30 p.m.
Sunday opening - 6.30 a.m. - 3 p.m. only

Outside

Rear yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in August,2026 at a rental of 15,000 p.a. exclusive of rates up to August, 2021 with rent review to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 30,000 plus STOCK AT VALUATION (10,000/12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (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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