Business for Sale in Hillingdon, Middlesex - Busy Newsagents: North West London / Middlesex - Leasehold: £49,950

Key Information

Retail Businesses: Newsagents
England: Middlesex
For Sale
Weekly Sales
£5,000 Inc Vat
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Please fill the form in below to request particualrs via e-mail for Business Ref : T033253LN

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Call us on 01908 904555
  • Shop refurbished at considerable cost in 2016
  • Rent only £15,000 per annum
  • Business Rates £3,682 per annum payable
  • Busy location near to Underground station
  • Good levels of footfall all day

EM&F are delighted to offer for sale a bus news / stationery / card shop situated in North West London in the London Borough of Hillingdon.

Operating under the present guise for less than 12 months, the business is being placed reluctantly on the market due to the ill health of the owner. The business currently operates as a WH Smith fanchise but is due to revert to a non-franchised independent business and will be sold on that basis.

The business premises was fully refurbished in the last two years and is consequently in superb condition and ready for a new owner to take over without the need to spend any money at all on the shop.

A notable feature of the business is the very high gross profit margins achieved with the business averaging at least 50% GP. We estimate that a working owner should be able to earn around £70,000 to £80,000 from this very profitable business at present levels of trade but the potential and current growth rate is such that this level could easily be exceeded in future years.

Early viewing is highly recommended.

Price: £49,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation (approximately £40,000)

Please note that viewings may only be made through agents Everett Masson & Furby on 01908 904555.

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02