Newsagent for sale in South London

South London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Entrance to Station, SW LONDON

WE ARE INFORMED the turnover was £1,400 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in the region of 30%.

We understand from the present owner that the landlords London Transport, subject to satisfactory references, will grant a new 6 years lease at an initial rental of £9,500 p.a. exclusive of rates with rent revisions. (We understand the rental payable includes electricity).

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

were Operated on a 6 day week basis Monday - Saturday inclusive - 8 a.m. - 7 p.m.
NO SUNDAY TRADING
In our opinion there is potential for Sunday opening if desired

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £10,000 INCLUSIVE STOCK AT VALUATION (£2,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £10,000
Tenure : Leasehold
Status: Available
Sectors:
Kiosk Premises
Newsagents
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