Newsagent for sale in Bedfordshire

Bedfordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, close to town centre, BEDFORDSHIRE

WE ARE INFORMED the turnover averages £5,000 p.w. Gross profit 22% approx. Wholesale newsbill £1,200 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £130 p.w. The business also has Payzone which we understand provides a further commission of approximately £20 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after full relief

N.B. THE PURCHASER IS TO PAY THE VENDORS LEGAL FEES

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Monday - Saturday inclusive - 5 a.m. - 6 p.m.
Sunday opening - 5 a.m. - 3 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£10,000/£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £39,500
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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