Traditional Newsagent & Off Licence in West Sussex

Nationwide are delighted to present to the market Old Established NEWSAGENTS PLUS OFF LICENCE & CONVENIENCE. Situated in a Parade, excellent High Street trading position, residential, office and commercial area, West Sussex. Near SHOREHAM BY SEA.

GRADE II LISTED
EX COMPANY SHOP

DOUBLE FRONTED PREMISES in the region of 1,175 ft² with vinyl floor, ceiling with spot lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 3 x drinks display fridge (glass fronted upright double-door), 2 x ice cream freezer, Vape display cabinets.

2 x Stock room.

Staff Toilet with w.c. and wash hand basin.

First Floor in the region of 450 ft²

3 Rooms, which subject to planning we feel could be utilised as potential accommodation.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 22% approx. Lucrative Wholesale newsbill £2,500 p.w.

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

NATIONAL LOTTERY £70 per week approx.
PAY POINT (including pastels) £60 per week approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £69,950 (C9447)

www.NationwideBusinesses.co.uk