Newsagent for sale in Nottingham

Nottingham, Nottinghamshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a small parade, residential area, with 3 schools nearby, NOTTINGHAM

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £2,000 p.w. We are further advised that the sales year ending 31st March, 2013 showed £186,269 with a gross profit of £37,345. We are further advised that the sales year ending March, 2014 showed in the region of £200,000 with a gross profit of £41,000.

Uniform Business Rates: Nil payable after small business relief

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Available as an OPTIONAL EXTRA situated over the shop is a SELF CONTAINED FLAT available on a shorthold tenancy at £500 per month. The SELF CONTAINED FLAT, DOUBLE GLAZED comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large lounge with fitted kitchen area

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 12 noon only

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £128,000 plus STOCK AT VALUATION (£8,000 approx. plus news accounts)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £128,000
Tenure : Freehold
Status: Available
Sectors:
Newsagents
Off Licences
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