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Reference C8194

Newsagent for sale in Bermondsey

Newsagent for sale in Bermondsey
Buy a Newsagent in Bermondsey Sell a Newsagent in Bermondsey

Location

Situated in a parade, main road trading position, residential & commercial area, SE LONDON

Features

Counter News, Confectionery, Tobacco Slight Convenience Groceries

SINGLE FRONTED MEDIUM SIZED SALES SHOP with anti-slip carpeted floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, 2 double door glass fronted drinks display fridges (1 owned & 1 on loan from Coca Cola), 1 single door glass fronted drinks display fridge (owned), shelving etc.

Small stockrook
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours & with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill 400 p.w. Gross profit 20% approx. In addition the business has Oyster which we understand provides a commission of approximately 140 p.w.

Accommodation

The accommodatiion in the form of a SELF CONTAINED FLAT, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Fully fitted kitchen

We understand that the 2 double bedrooms are currently let room by room & provide 150 p.w. each. We understand that vacant possession of the accommodation can be made if required.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION (6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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