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, main road trading position, residential area, SURREY

WE ARE INFORMED the turnover is in the region of £4,900 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,150 p.w. Post Office income last year we understand in the region of £31,000. We are further advised that the sales year ending 30th November, 2014 showed £183,769 with a gross profit of £34,862 plus post office income at that time of approximately £41,000.

The vendors own the freehold and subject to satisfactory references are prepared to grant in respect of the shop with self contained studio flat a new 16 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (Alternatively should the studio flat not be required, the vendors subject to satisfactory references, are prepared to grant a new 16 years full repairing and insuring lease in respect of the shop only at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Available as OPTIONAL is a GROUND FLOOR SELF CONTAINED STUDIO FLAT recently converted to a very high standard, DOUBLE GLAZED, attractive woodstrip floor, comprising:

Bedsitting room with fully fitted kitchen area
Fully tiled shower room with shower, w.c. & wash hand basin

Monday - Saturday inclusive - 6.30 a.m. - 5.30 p.m.
Sunday opening - 6.30 a.m. - 12 noon

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY TO INCLUDE THE STUDIO FLAT, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £110,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
Post Offices
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