Business for Sale in East London - Busy Shop Next to Railway Station: East London - Leasehold: £130,000
- Retail Businesses: Newsagents
- England: London
- For Sale
- Annual Sales
- £225,403 Ex Vat
- Network Rail Lease will be offered to approved applicant
- Rent only £10,000 per annum
- No Business Rates
- Established and profitable business
- Commissions - £58,000 per annum
- £70,000 profit to working owners
- Considerable scope for increased business
Everett Masson & Furby are delighted to offer for sale a busy newsagents with very high levels of commission income situated outside a railway station in East London.
On the market as the present owners wish to take a well deserved retirement this business is already profitable and is situated in a growing and improving area of London and in our opinion has considerable scope for increased sales and profits over the next few years.
PRICE: £130,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation (approximately £11,000).
Please note that viewings can only be made by prior appointment through sole agents Everett Masson & Furby.