Newsagents for sale in Bedfordshire
Business for sale
Asking Price:
£26,000
Turnover:
£130,000
Annual profit:
£20,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Location this business is located in bedfordshire.Turnover we are informed the turnover averages £2,500 p.w. In our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,000 p.w. Gross profit 20% approx.
Price offers invited to include the secure lease, goodwill, fixtures & fittings £20,000 plus stock at valuation (£6,000 approx. + News accounts).
Substantial loan to an approved applicant
Features parking in front of parade for customers.
Double fronted medium sized sales shop with fluorescent lighting. The equipment includes greeting card display stands, walls' fridge (on loan), 2 upright single door drinks display fridges, 1 upright double door drinks display fridge, counter, shelving, electronic cash register etc.
Stockroom with shelving
staff w.c. With wash hand basin
Staff the business is at present operated by a husband and wife team and no staff are employed. 2 Morning newsrounds. Delivery charge £2.50 p.w.
Opening hours monday - saturday inclusive 5.30 a.m. - 7 P.m.
Sunday opening - 7 a.m. - 3.30 P.m.
Accommodation the accommodation all in good conditiong and with full gas fired central heating, comprises:
*3 Bedrooms (2 doubles, 1 single)
*bathroom with bath, shower over bath, w.c. And wash hand basin
*large lounge/dining room
*kitchen with fitted units
Outside garden plus parking space for 2 cars
Tenure we understand the entire premises are held on a secure renewable lease having approximately 13½ years unexpired at a rental of £10,500 p.a. Exclusive of rates for the next 3½ years, with rent review at that time and thereafter every 5 years.
Uniform business rates: £900 p.a. Approx. + Water rates
Recommended for early inspection
Reference : C6857
