Newsagent for sale in Cambridgeshire

Cambridgeshire


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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 ara, CAMBRIDGESHIRE

WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,700 p.w. Gross profit 20% approx. 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.

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: We understand nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

The SELF CONTAINED accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

6 a.m. - 11 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £56,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £56,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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