Business for Sale in England: Kent - TOWN-CENTRE NEWSAGENTS NEAR BROMLEY IN THE SOUTH LONDON AREA - Leasehold: £125,000

Key Information

Ref
T33346Z
Type
Retail Businesses: Newsagents
Location
England: Kent
Tenure
Leasehold
Status
For Sale
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This long-established newsagents has a fine location in the centre of a very busy town near Bromley in the South London area. There are a number of restaurants, coffee shops, banks and major retailers nearby. This is a vibrant and densely populated area which certainly benefits from its close proximity to the capital.In fact, there are direct rail links to Central London in less than 30 minutes.

The shop sells newspapers & magazines, alcoholic & soft drinks, sweets, snacks & ice creams, cigarettes & tobacco, greetings cards, giftwrap & stationery along with a selection of convenience goods. Excellent commissions are received from the National Lottery, Western Union and Paypoint, and also through the sale of Oyster Cards, bus passes and phone cards.

This successful business has been in the same hands for more than 30 years, and represents an outstanding opportunity for enterprising new owners. Draft accounts for the year ended June 2017 show Annual Sales of £486,473 and a Gross Profit of £125,915. In addition, there was a total commission income of £22,365.

Ref: T33346Z LEASEHOLD £125,000

Full sales details available at www.emfgroup.com


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