A rare and exciting opportunity to acquire this well established and long standing newsagents business located in the central market place of the bustling market town of Howden. The business has a strong community presence and a loyal customer base and currently offers an array of useful services including newspapers, magazines, lottery, paypoint, stationery and greeting cards, confectionery and soft drinks. Current stock can be purchased at valuation. Commissions' £5,788.69 National Lottery
£5,826.00 Paypoint - Turnover £499,812.81 Gross profit £100,000
KEY FEATURES
- Long standing, well established Newsagents Business
- Located in the market place of this bustling market town
- Strong community presence
- Till system, Air conditioning
- All current fixtures and fittings included
- Window security shutters, Intruder alarm
- Turnover £499,812.81
- Net profit £52,095.14
- Commisions £5788.69 Lottery £5826.00 Paypoint
FULL DESCRIPTION
Retail Area
4.80m x 8.23m (15'9" x 27')
Front access door from the pavement. Ceramic tiled floor.
Kitchenette
1.12m x 3.25m (3'8" x 10'8")
Single drainer stainless steel sink. Worktop. Ceramic tiled floor.
W.C
1.14m x 1.12m (3'9" x 3'8")
Low flush w.c. Corner wash hand basin. Ceramic tiled floor.
Business Rates
Intending purchasers should contact the local authority to ascertain any small business relief that may be available.
Lease Terms
Lease to be assigned. 15 year lease. Start date: 1/12/2013 End Date: 31/11/2028 Current rent £8,500.20pa However, the landlord may be willing to issue a new lease.
