Buy a Newsagent & Off Licence With Bus-Pass & E-Pay For Sale business for sale in Islington on BusinessesForSale.com

  • Advert ID: 645964

Newsagent & Off Licence With Bus-Pass & E-Pay For Sale


Price Reduced

Location:
Category:
Asking price:
£45,000
Sales revenue:
< £200k
Net profit:
< £100k


Keen to sell. Located in a busy high street in Islington. Currently space under-utilised. Potential for further improvement & increase revenue.
Gross takings appx £6,000pw (News £700, Buss-pass £1,500 , e-pay £500 & floor sales £3,300)pw.
Business rates £3,450pa
Rent 10k pa (till 2011)


Property:
Leasehold
Lease terms:
12 year renewable lease 7 years unexpired. Rent £10,000pa.
Living accommodation:
N/A
Location:
Located in a busy high street in Islington.

Expansion potential:
The shop space is currently under-utilised and in need of update.
Reasons for selling:
The shop was managedby a relative who can't continue. Keen to sell to concentrate on core business.
Trading hours:
7am-9pm
Inventory / Stock value:
£10,000

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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