Property Information
Address:
England: Surrey
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Shop, Newsagents, Businesses For Sale,
Property Ref/Movehut: MH590274
Property Ref/Agent: 5660
*Please use the agent ref when calling the agent directly.
Property description
•Busy newsagents business taking £10,000 a week (including VAT
•15 news rounds and WNB £3,000 to £3,500
•Lock up shop – rent £15,000
•Residential area East Surrey (within M25)
•Scope for more lines / longer opening hours
•Genuine retirement sale
An opportunity to purchase a busy lock up newsagents in a good position and with the benefit of a good weekly newsbill and 15 news rounds.
The business is located on a busy through road in a small parade of shops in a mainly residential area outside the town centre of a busy East Surrey Market town. The location is within the M25 and about ½ mile from the A3 with links to the M25 whilst the A24 is equidistant in the other direction.
The premises consists of a ground floor lock-up shop of about 800 square feet in a small parade of shops. The premises are in good condition and no money needs to be spent by an incoming tenant.
The business is a traditional newsagents with online lottery and Oyster cards. There is no off licence currently but there is no reason that one shouldn't be approved.
Available on a new lease at an intial rent of £15,000 per annum. No business rates are currently payable after small business relief and retail relief.
PRICE: £120,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation
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