- Listing ID: 909946
- (Seller ref: C7357)
Counter Newsagents In North London For Sale
- Location:
-
- UK
- > North London
- Category:
-
- Retail
- > General
- > Newsagents
- Type:
Listed by:
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Summary
- Asking price:
- £35,000
- Turnover:
- £234,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team and no staff are employed.
Business description
SINGLE FRONTED MEDIUM SIZED SALES SHOP, fully equipped including new 3.75m cool display unit, counter, electronic cash register, 1 upright double door drinks display fridge (on loan from Coca Cola), ice cream deep freeze, modern shelving etc.
Stockroom
Kitchen
Staff w.c.
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease the present lease expiring in 2026 at a rental of £10,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 yers.
Uniform Business Rates: £1,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade, main road trading position, residential area, LONDON N
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400/£500 p.w.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Saturday inclusive - 6.30 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- UK
- > North London
- Retail
- > General
- > Newsagents
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