Freehold Old Established Newsagent in Boness For Sale

Situated in a parade, excellent trading position, residential area, town centre, BO'NESS, WEST LOTHIAN, SCOTLAND

Turnover £ 2,000
Price £50,000

Features

Freehold well Established Counter Newsagents, National Lottery

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 2,400 ft² (20ft x 120ft) with concrete floor, ceiling with fluorescent lighting. Sales counter, cash register, cigarette gantry, adjustable shelving, 2 glass fronted upright double door drinks display fridges double-door, 8 card display stands with drawers.

Toilet with w.c. and wash hand basin

Rear room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 22% approx.. Wholesale newsbill £400 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £60 per week approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 5 a.m - 5 p.m
SATURDAY 5 a.m - 5 p.m

Tenure

FREEHOLD

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1980 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote