Search more Newsagents for sale in North London
Reference C8825

Newsagent for sale in North London

Newsagent for sale in North London
Newsagent for sale in North London Buy a Newsagent in North London Sell a Newsagent in North London Newsagent in North London for Sale

Location

Situated in a parade, excellent main road trading position, NORTH LONDON

Features

Well Established Counter News, Confectionery, Tobacco, Greeting Cards, Stationery

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with tiled floor, fluorescent lighting & well equipped including counter, 2 electronic cash registers, magazine display shelving, modern shelving, centre display gondolas, large open cool display unit, ice cream deep freezer (owned), 5 greeting card display stands with drawers under etc.

Stockroom
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours & indeed with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the necessary premises & personal licence. Wholesale newsbill 1,800 p.w. We are advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets & scratch cards & we understand this provides a commission of approximately 300 p.w. The business also has Oyster which we understand provides a further commission of 250 p.w. The business also has Payzone.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 99,500 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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