Newsagent for sale in Somerset

Somerset


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Main road trading position, residential area, NORTH EAST SOMERSET

WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT. FULL DETAILS UPON REQUEST. The business has a Post Office Local & we understand the income is in the region of £15,500 p.a.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 8 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 6 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£10,000/£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £29,500
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
Post Offices
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