Newsagent for sale in West Wickham

West Wickham, Kent


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, excellent main road trading position, residential & commercial area, KENT

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600/£700 p.w. We are further advised that the gross profit is in excess of 20%.

We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2015 at a current rental of £9,250 p.a. exclusive of rates. We understand the landlords, subject to satisfactory references, are prepared to grant a new 5 years renewable lease at terms and rent to be agreed.

Uniform Business Rates: £1,400 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Friday inclusive - 5.30 a.m. - 7 p.m.
Saturday opening - 6 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 1 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £50,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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