Business for Sale in England: Kent - NEWSAGENTS IN BROADSTAIRS, KENT - Freehold: £125,000 Leasehold: £50,000

Key Information

Ref
T31750Z
Type
Retail Businesses: Newsagents
Location
England: Kent
Tenure
Freehold, Leasehold
Status
Sold
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This well-established newsagents shop is located in a busy parade in the very popular seaside town of Broadstairs in East Kent. The railway station and town centre are nearby and the seafront is just a short 10-minute walk away.

The shop has a retail area of approximately 400sqft, and is well equipped for the trade including National Lottery facilities. There is a spacious storage area and office to the rear. Please note that there is no living accommodation.

The business has been in the same hands for the last 22 years, and sells a wide range of newspapers & magazines along with greetings cards, giftwrap & stationery, cigarettes & tobacco, soft drinks, confectionery and ice creams. We understand that current weekly takings are in the region of £5,000 – £5,500 per week plus lottery commission.

New owners might wish to introduce an off licence facility and could also extend the opening hours considering that the shop currently closes daily at 5.00pm (and 11.00am on Sundays).

The business is available either on a freehold basis or with the benefit of a new 10-year lease at a commencing rent of £500 per calendar month.

Ref: T31750Z FREEHOLD £125,000 / LEASEHOLD £50,000

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