Newsagent for sale in Camberley

Camberley, Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Main road trading position, residential area SURREY

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase, expecially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,500 p.w. Gross profit 22% approx. The present owner also operates a sub post office from the premises, however, we understand it is his intention to resign from being sub post master.

We understand the premises are held on a secure renewable lease, the present lease having 20 years unexpired from June, 2011 at a rental of £16,000 p.a. exclusive of rates up to June, 2021 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS living accommodation all in GOOD CONDITION, comprises:

Ground Floor
Fully fitted kitchen
Large Lounge/Dining Room with woodstrip floor

First Floor
4 bedrooms (3 doubles plus 1 small single bedroom)
Bathroom with bath, shower over bath, w.c. & wash hand basin

We understand that should the accommodation not be required for private use, there is potential for it to be sub-let on a shorthold tenancy to provide a rental income of approximately £1,250 per month.

Monday - Friday inclusive - 5.30 a.m. - 7 p.m.
Saturday opening - 5.30 a.m. - 4 p.m.
Sunday opening - 5.30 a.m. - 1 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VAUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £70,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
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