Newsagent for sale in Wandsworth

Wandsworth, South London


  • ae6cf609401d508f287c71ebe0ec216e.jpg
  • 47b6085553bf2e7a999fd5db4224e899.jpg
This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, main road trading postion, densely populated residential & commercial area SOUTH WEST LONDON

WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £300 p.w. We are further advised the gross profit 22% approx. In addition the business has Oyster which we understand provides a commission of approximately £50 p.w. The business also has Payzone.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease 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.

EPC Rating E (54)

We are advised the vendor is willing to consider the sale of the freehold.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1976 AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Monday - Friday inclusive - 7 a.m. - 6.30 p.m.
Saturday opening - 8 a.m. - 4 p.m.
Sunday opening - 8 a.m. - 2 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £19,500 or near offer plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

Send message - Newsagent for sale in Wandsworth Send message to Nationwide Businesses Ltd
Your message has been sent successfully!
Please complete all required fields!
We are sorry but something went wrong, please try again later.
:
:
:
:
:


business information

Sale price: £19,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
share with friends


Call