Newsagents For Sale

Business description

The business is well established and has been in the present hands for some 3 years and is now only being marketed as a result of the vendors wishing to move to France.

TURNOVER - We are advised t/o averages £4,500 - 5,000 PWK @ 25% GP.

NEWSBILL - £800 PWK (3 Rounds)

PREMISES – Parade premises with double aluminium framed frontage and single entrance to: Retail Area 500 sqft, suspended ceiling, news racking, all round display shelving, gondola display, counter with elect cash register, ice cream freezer, dairy cabinet, upright drinks chiller, tobacco gantry Store Room: W.C and W/basin.

Property information

Property:

Leasehold

Lease terms:

TENURE - Approx 16 years remaining on original 20 year lease.

RENT - £10,000 PA (5 year reviews) RATES - £848.86 P.A. Payable (06/07)

Living accommodation:

Ground Floor: Kitchen: st/stl sink, Bake off oven. First Floor: Bathroom: Full suite. Fully tiled. 2 Double Bedrooms: Lounge: OBSERVATIONS – The premises benefit from full gas fired central heating. OUTSIDE: Garden: With Small Lawn.

Location:

These impeccably presented shop premises occupy a busy position fronting a main road serving a well populated residential area on the outskirts of Gravesend.