Newsagent for sale in Ashford

Ashford, Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Shopping centre, KENT

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. We are further advised that the gross profit is in the region of 24%. We understand that an on line national lottery terminal was recently installed & we are further advised that the commission in respect of the sale of on line national lottery tickets plus scratch cards is currently in the region of £100 p.w. The business also has Paypoint which we understand provides a further revenue of approximately £400 per month.

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £12,000 p.a. plus VAT for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: £7,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
Sunday opening - optional - 10 a.m. - 4 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £62,500 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £62,500
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
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