Newsagent for sale in Borehamwood

Borehamwood, Hertfordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Main road trading position, sought after residential area, HERTFORDSHIRE.

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £900 p.w. Gross profit 24% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £60 p.w. The business also has Oyster which we understand provides a further commission of approximately £50 p.w.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS accommodation, all in EXCELLENT CONDITION, fully DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Attractive spacious lounge with woodstrip floor
Adjoining kitchen/dining room comprising a new extension with tiled floor & newly fitted units

Stairs to first floor, comprising:
3 Double Bedrooms, all with fitted wardrobes & 1 with new fully tiled en suite shower room with shower, w.c. & wash hand basin
Large fully tiled, bathroom with new suite comprising bath, shower over bath, w.c. & wash hand basin

Monday - Friday inclusive - 6 a.m. - 7 p.m.
Saturday & Sunday opening - 7 a.m. - 5 p.m.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £550,000 plus STOCK AT VALUATION (£10,000/£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £550,000
Tenure : Freehold
Status: Available
Sectors:
Convenience Stores
Newsagents
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