Newsagent for sale in Lancashire

Lancashire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

End of terrace, residential area, LANCASHIRE

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. We are further advised by the vendor the gross profit is in the region of 25/30% approx. The business also sells on line national lottery scratch cards.

We understand the premises are held on a new 24 years full repairing and insuring lease from July, 2015 at a current rental of £13,000 p.a. exclusive of rates up to July, 2020, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

The accommdation with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (3 doubles, 2 singles)
Bathroom with bath, w.c. & wash hand basin plus additional bathroom with bath, w.c. & wash hand basin
Large Lounge
Dining Room
Kitchen

Monday - Friday inclusive - 7 a.m. - 10 p.m.
Saturday & Sunday - 8 a.m. - 10 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£20,000/£25,000 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:
Newsagents
Off Licences
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