Traditional Newsagent in East Yorkshire

Nationwide are delighted to present to the market Long Established Traditional NEWSAGENTS & CONVENIENCE STORE. Situated in a parade, main road trading position, residential and commercial area, EAST YORKSHIRE.

SINGLE FRONTED PREMISES in the region of 565 ft² with ELECTRIC SHUTTERS. CCTV (4 cameras). Carpet tiled flooring, suspended ceiling with LED lighting. Sales counter, EPOS till, large open chiller, second chiller, milk fridge, Monster fridge, 2 ice cream freezers, adjustable shelving, tobacco gantry with vape unit, 2 channel Slush machine, coffee machine

Stockroom

Staff toilet with sink

Turnover : WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 22% approx. Wholesale newsbill £600 p.w.

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

NATIONAL LOTTERY £130 per week approx.
PAY ZONE £5 per week approx.

TO INCLUDE THE NEW SECURE RENEWABLE LEASE,GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£18,000 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 : £30,000 (C9428)

www.NationwideBusinesses.co.uk