Newsagent for sale in Camberley

Camberley, Hampshire


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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, residential area, on the SURREY/HAMPSHIRE BORDERS

WE ARE INFORMED the turnover averages, £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,300 p.w. We are further advised that the sales year ending 30th November, 2014 showed £271,604 with a gross profit of £95,815 (including commission received of £2,285).

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of £21,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £11,068 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 7 a.m. - 12.30 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £90,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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