Newsagent for sale in Northampton

Northampton, Northamptonshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated residential area, NORTHAMPTONSHIRE

WE ARE INFORMED the turnover currently averages £3,900/£4,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers spirits, subject to obtaining the necessary licence. Wholesale newsbill £650 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a further income of approx. £100 p.w. The business also has Payzone and we understand this provides a further income of approx. £80/£100 per month. We are further advised that the sales year ending 30th April, 2012 showed £198,013 with a gross profit of £31,777 plus commission received £6,329 providing a total gross profit of £38,106.

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

EPC Rating: G (170)

AS STATED THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 27 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

The EXCELLENT accommodation with FULL GAS FIRED CENTRAL HEATING and including a rear ground floor extension, built approx. 1993, comprises:

Ground Floor
Lounge with gas coal effect fire, adjoining fully fitted kitchen
Shower room with shower (needs new shower), w.c. and wash hand basin

First Floor
3 Bedrooms (2 doubles, 1 large single - in our opinion could accommodate a double bed)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin

Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 7 p.m.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £200,000
Tenure : Freehold
Status: Available
Sectors:
Card Shops
Confectioners
Convenience Stores
Newsagents
Stationers
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