Newsagent for sale in East Sussex

East Sussex


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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, EAST SUSSEX

WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £650 p.w. We are further advised that the gross profit is in the region of 25%. We understand the post office income is in the region of £50,000 p.a. approx.

We understand the premises are held on a secure renewable lease hving 12 years unexpired from August, 2013 at a rental of £8,500 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,800 p.a. approx. (should be reduced with small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 1 p.m. only

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £75,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Newsagents
Post Offices
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