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Virtually Freehold Newsagents With Off-Licence And Grocery For Sale

Putney, London, UK
Asking Price:
£399,500
Turnover:
£390,000
Net Profit:
Undisclosed

Double fronted premises in the region of 420 ft² with shutters, tiled floor, suspended ceiling with led panel lights, sales counter, cigarette gantry, epos till, modern adjustable shelving, open cool display unit, wall's ice cream freezer, drinks display fridge (glass fronted upright), cctv system (9 cameras, 1 monitor), etc.

Stock room.

Toilet with w.c. And wash hand basin.

Location: situated in a small parade, excellent trading position, residential area, sw London

turnover: we are informed by the owner the turnover currently averages £7,000 - £8,000 p.w. With a gross profit of 22% approx. Wholesale newsbill £200 p.w.

We also understand that in addition to the turnover the business also enjoys a commission of:
national lottery £150 per week approx.

Parcel services £350 per month approx.

Pay zone £10 per week approx.

Staffing: the business is at present operated by the vendor

price: the valuable long leasehold property, goodwill, fixtures & fittings £399,500 plus stock at valuation (£30,000 approx.)

substantial mortgage to an approved applicant.

Additional information available including; rent, lease terms, opening hours, business rates and reason for sale via the 'contact broker' button

Property Information

Property:

Leasehold