Funding such an investment can be done in various ways. Potential owners can bring along their own money, apply for a loan or even apply for a grant from a local business support agency.
However, much like house prices, the price of a newsagent can vary from one region to another, if you want to buy; rates can vary too, if you wish to rent. Price will also differ according to the business’ size and profitability.
You should also budget for professional costs such as solicitors or accountants who will undertake surveys and valuations. Then comes the cash needed to cover the interest on your loan if you have borrowed a sum of money, initial overheads (telephone bill, gas and electricity and water) damaged and missing stock, wages, repairs on the building, advertising plus general living expenses if you intend to live in or above the premises.