Newsagent for sale in Seaford

Seaford, East Sussex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, sought after residential area, EAST SUSSEX

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £800 p.w. We are advised that the gross profit is in the region of 24%.

We understand the shop premises are held on a renewable lease, the lease having approximately 13 years unexpired at a rental of £5,500 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

The accommodation available as an optional extra from the same landlady is in the form of a SELF CONTAINED MAISONETTE over, held on a shorthold tenancy at a rental of £600 per month. The FLAT DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING. comprises:

2 Bedrooms (1 double, 1 single)
Half tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 6 a.m. - 5 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £28,000 plus STOCK AT VALUATION (£5,000/£6,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £28,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
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