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

Situated in a parade, excellent main road trading position, KENT

WE ARE INFORMED the turnover averages £3,200/£3,500 p.w. in our opinion offering further potential to increase in the right hands. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £450 p.w. We are further advised that the gross profit is in the region of 24%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Oyster & we understand this provides a further income of approximately £70 p.w.

We understand the premises are held on a secure renewable lease, the present lease expiring in 2020 at a rental of £14,500 p.a. exclusive of rates up to 2018, with rent to be agreed thereafter.

Uniform Business Rates: £4,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Friday inclusive - 6.30 a.m. - 7 p.m.
Saturday opening - 7.45 a.m. - 7 p.m.
Sunday opening - 8.30 a.m. - 1 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £30,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
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