|
Asking Price
£48k
Description
Retirement forces the sale of this very attractive and well presented newsagents on a busy parade in South Hertfordshire. The owners bought the business seven years ago in a very dilapidated state, since then they have refurbished the shop and steadily rebuilt the turnover to its current levels. They sell a wide range of merchandise from the usual newsagents stock to greetings cards and even mobile phone accessories. Bus passes and ŒPay Point' are offered and bring in considerable amount of trade, as they are the only outlet in the vicinity offering these services. Mobile phone top ups are very popular, and Western Union is also increasing Single fronted, end of terrace, lock up shop with well presented, well stocked retail area and storage area to rear. The property is alarmed and has a CCTV system. Rent is £6,750 on a ten-year lease with five to run. Rates are £2,200 pa. There would be significant potential for increasing the turnover by opening later in the afternoon/early evening and Sat/Sun afternoons. Also the current owners do not do paper deliveries which could also be a welcome addition to the turnover.
|
