Newsagent for sale in Kent

Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Sought after residential area, busy road, KENT

WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250 p.w. We are further advised that the gross profit is in the region of 24%. The post office has a Post Office Local & we understand last year this provided an income in the region of £5,500 (including commission received in respect of the sale of on line national lottery tickets plus scratch cards).

We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £15,600 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING & fully carpeted, comprises:

4 Double Bedrooms
Tiled bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units plus large conservatory

Monday - Saturday inclusive - 7.30 a.m. - 6.30 p.m.
NO SUNDAY TRADING

TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£12,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £55,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Post Offices
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