Search more Newsagents for sale in Borehamwood
Reference C9040

Newsagent in Borehamwood For Sale

Newsagent in Borehamwood For Sale
Buy a Newsagent in Borehamwood For Sale Sell a Newsagent in Borehamwood For Sale

Register to see map and to make an appointment Main road trading position, sought after residential area, HERTFORDSHIRE. BOREHAMWOOD

Turnover 6,500
Price 570,000

Features

Most Attractive Freehold Counter News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries

ATTRACTIVE DOUBLE FRONTED MEDUM SIZED SALES SHOP (new shop front installed in 2015). The sop with suspended ceiling, concealed lighting & tiled floor has all recently been refitted to a very high standard. Counter, electronic cash register, cigarette gantry, modern adjustable shelving, 2 upright double door drinks display fridges, upright single door drinks display fridge, display gondola, ice cream deep freezer (owned), modern magazine display shelving, glass topped chest deep freezer, slush machine, coffee machine (on loan). CCTV system with 7 cameras, monitor plus recording etc.

Stockroom at rear with tiled floor
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 300 p.w. We are further advised that the gross profit is in the region of 25% approx. 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 50 p.w. The business also has Oyster which we understand provides a further commission of approximately 50 p.w.

Staff

The business is at present operated by the vendor together with his wife on a part time basis plus a relative on a full time basis.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday & Sunday opening - 7 a.m. - 5 p.m.

Accommodation

The SPACIOUS self contained accommodation, all in EXCELLENT CONDITION, fully DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Attractive spacious lounge with woodstrip floor
Adjoining kitchen/dining room comprising a new extension with tiled floor & newly fitted units

Stairs to first floor, comprising:
3 Double Bedrooms, all with fitted wardrobes & 1 with new fully tiled en suite shower room with shower, w.c. & wash hand basin
Large fully tiled, bathroom with new suite comprising bath, shower over bath, w.c. & wash hand basin

Outside

Attractive garden with lawn & patio.
Garage

Tenure

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 570,000 or near offer plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 399,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Newsagents for sale in Borehamwood

Buy a Newsagent in Borehamwood For Sale on NationwideBusinesses.co.uk