Newsagent for sale in Surrey

Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential area, SURREY. The business is situated in a large residential area with 2 schools & a hospital nearby plus not far from the university.

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering terrific potential for further development, especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £900 p.w. Gross profit 23% approx. We understand the Post Office Local income is anticipated to be in the region of £25,000/£28,000 p.a. including lottery commission. The business also has Paypoint plus Collect Plus which we understand provides a commission of approximately £60 per month. We further understand that an ATM machine is being installed shortly.

LONG LEASEHOLD WE UNDERSTAND HAVING 49 YEARS UNEXPIRED A GROUND RENT OF ONLY £3.45 P.A. FIXED, NO RENT REVISIONS.

Uniform Business Rates: Nil payable after full relief

EPC Rating: C (73)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The accommodation in the form of a SPACIOUS SELF CONTAINED FLAT over, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge with front terrace
Fitted kitchen with dining area

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 1 p.m.

TO INCLUDE THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION (in the region of £20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £320,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Post Offices
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