Newsagent for sale in Woking

Woking, 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, excellent trading position, SURREY

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase with additional stock. Wholesale newsbill £500 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £150 p.w. The business also sells mobile top-up cards plus international phone cards and we understand this provides a further revenue of approximately £50 p.w.

We understand the entire premises are held on a secure renewable lease for a period of 15 years from September, 2002 at a current rental of £29,000 p.a. exclusive of rates, fixed for the remainder of the term. We are advised the Landlord will consider granting, to an approved applicant, a new 15 years lease at rent and terms to be agreed.

Uniform Business Rates: £10,420 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS living accommodation, which if not required for private use could be sublet to provide a rental income, The accommodation comprises:

5 Bedrooms (1 large double, 2 additional doubles, 1 single plus 1 large double attic bedroom)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen

Monday - Friday inclusive - 6.30 a.m. - 8 p.m.
Saturday opening - 7 a.m. - 8 p.m.
Sunday opening - 9 a.m. - 8 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £28,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £28,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Confectioners
Newsagents
Off Licences
Stationers
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