Freehold Newsagents For Sale
Business for sale
Asking Price:
£450,000
Turnover:
£208,000
Annual profit:
£35,692
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: n553Property: Freehold Property included
Description
this is a well established business which has been in the present hands for some 16 years which is now only being marketed as a result of the vendors require a change. Tremendous potential exists for longer opening hours (especially lunch times) and the introduction of sandwiches and snacks.
Turnover - £4,000 pwk @ 22 % gp.
Newsbill - £1,000 pwk (5 rounds - 8 friday rounds) occupying a coveted trading location fronting a secondary road some 200 yards from the town centre and mainline station, being surrounded by a well populated residential area. The business also enjoys trade from 2 major schools and a nearby college.
Location and property - occupying a coveted trading location fronting a secondary road some 200 yards from the town centre and mainline station, being surrounded by a well populated residential area. The business also enjoys trade from 2 major schools and a nearby college. Please note that the business is within the catchment area of some of the best grammer schools in the area.
Accommodation
approached from shop and via sep. Side entrance. Ground floor: kitchen: st/stl sink, fitted wall and base units, breakfast bar. Pantry: store cupboard: dining room: first floor: lounge: with original victorian fireplace. Bathroom: with bath, w/basin, shower cubicle. Sep. W.c. Bedroom 1: double. Bedroom 2: single with airing cupboard. Second floor: bedroom 3: double. Bedroom 4: large double with views over the downs. 2 Attic store areas.
Observations: the premises benefit from full gas fired central heating and replacement upvc double glazing. The roof and soffets/gutters were replaced approx 4 years ago. Outside - covered store area: utility area: garden: with flower and shrub borders. Patio: 2 store sheds:
trading hours of business
5.30am - 6.00pm mon - fri 5.30am - 5.00pm sat 6.30am -12.30pm sun
