Newsagent for sale in Leicestershire

Leicestershire


  • d8d99c50f10be1e7ba654910cf694aa4.jpg
This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential and commercial area, just off the High Street, LEICESTERSHIRE

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we undersand that this provides a commission of approx. £150 p.w. The business also has Paypoint and we understand this provides a commission of approx, £30 p.w.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (We are advised the vendors are prepared to consider granting a shorter lease, if required).

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 23 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT

The SPACIOUS accommodation recently refurbished & with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large lounge
Fitted kitchen

Monday - Thursday inclusive - 5 a.m. - 8 p.m.
Friday - 5 a.m. - 8.30 p.m.
Saturday - 5 a.m. - 8 p.m.
Sunday opening - 5 a.m. - 2 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

Send message - Newsagent for sale in Leicestershire Send message to Nationwide Businesses Ltd
Your message has been sent successfully!
Please complete all required fields!
We are sorry but something went wrong, please try again later.
:
:
:
:
:


business information

Sale price: £90,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
share with friends


Call