Business for Sale in Hertfordshire Long Established Newsagents with Accommodation: South West Herts

Key Information

Reference

T33550B

Tenure

Leasehold

Status

Under Offer

Region

Hertfordshire

Sector

Newsagents

Annual Sales

£585,467.00 Exc. VAT

Rent Payable

£11,500

Business Rates

Nil payable

Accommodation

3 Bedroom flat with kitchen, bathroom and lounge / Diner

Business Information

• 700 square feet retail area
• Weekly sales around £13,500 including VAT
• Busy Residential Shopping area
• Shop Rent only £11,500 per annum
• Accommodation Rent £8,200 per annum
• No Business Rates payable for independent owner
• 3 Bedroom accommodation included

Everett Masson and Furby are delighted to offer for sale a long established newsagent, located in a busy shopping area in a residential area of Hemel Hempstead.

In the hands of the present owners since 1975, the business has come to the market due to a well earned retirement sale.

At present the shop closes at 6:30 pm (Sunday 1:00 pm) but there is obvious scope to expand sales through longer hours and possibly additional lines.

The business is operated by staff and viewings are strictly by appointment only through sole Agents Everett Masson and Furby.

PRICE: £120,000 to include the benefit of the Leasehold Property, Goodwill, Fixtures, Fittings & Equipment,
plus stock at valuation