Newsagent for sale in Berkshire

Berkshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, sought after residential area, SURREY/BERKSHIRE BORDERS

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,500 p.w. We are informed the gross profit is in excess of 20%. We are further advised that the post office income is in the region of £30,000 p.a. (including lottery commission of approximately £70 p.w).

We understand the premises are held on a secure renewable lease, the present lease having approximately 23 years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED RETAIL BUSINESS WITH POST OFFICE LOCAL + IN THIS SOUGHT AFTER LOCALITY

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

The SPACIOUS living accommodation in the form of a SELF CONTAINED MAISONETTE over has rencently been all refurbished & has ELECTRIC HEATERS is at present let on a shorthold tenancy & provides a rental income of £900 per month, however we understand that vacant possession can be given on completion. The accommodation FULLY DOUBLE GLAZED comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 12.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £125,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Post Offices
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