Newsagent for sale in Lewisham

Lewisham, South London


  • 7db0bbf800c6b3045dfbe1c55aaad88f.jpg
  • c8b8ca9fdf2097deed95760f72f78d71.jpg
This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, close to Station and Hospital, SE LONDON

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 20% approx.. Wholesale newsbill £730 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of : £100 per month from the sale of National Lottery, Pay Point, Western Union, Pastal Service

We understand the premises are held on a secure renewable lease, the present lease having 16 years unexpired from 2003 at a current rental of £32,000 p.a. exclusive of rates with rent reviews every 4 years. (With the rental income at present from the flat of £21,600 the net rental payable at the present time is only £10,400 p.a).

SERIOUS BUYERS ONLY

Business Rates from April 2014 £3,000 payable (Please contact local council to confirm)

WE understand subject to reference the Landlord is happy to grant a new lease at terms to be agreed.

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,800 per month

• 3 Bedrooms (3 double, 1 Single).
• Kitchen.
• Lounge.
• Bathroom with bath, w.c. and wash hand basin.

7 Day week (Monday - Saturday) 6am - 8.30pm
Sunday 6am - 2pm

£85,000 plus STOCK AT VALUATION (£25,000 APPROX.)
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


Viewing Strictly by appointment.

Send message - Newsagent for sale in Lewisham 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: £85,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
share with friends


Call
)