Long Established Business Taking £5,500 per week with High Gross Profits
Substantial Property with 5 Bedrooms in a Residential Area
Freehold Price £250,000
Description and Trade:
A long established and family operated Newsagents Business in a prominent corner trading position on a main road.
The Business sells Newspapers & Magazines, Greetings Cards, General Groceries, Beers, Wines and Spirits, and operates a DVD rental service. A National Lottery terminal has recently been installed.
The Premises comprise on the ground floor: Sales Area (around 460 sq. ft.) with suspended ceiling; Storage Room/Kitchen; w.c; large Garage. Rear Yard and garden with outside w.c.
The shop is well fitted for the trade, with modern wall and double-sided gondola shelving, greetings cards displays, chilled drinks cabinets, ice cream freezer, serving counter with cash register; fitted ceiling air conditioning unit.
The Premises are protected with roller shutters to front windows and a burglar alarm system.
The spacious family living accommodation is situated on the ground and two upper floors and comprises: fitted Kitchen; large Lounge/Dining Room; Bathroom; Two Single Bedrooms; Three Double Bedrooms and Cellar store space.
The living accommodation is centrally heated and mostly double glazed.
An opportunity to acquire a large family property combined with a successful newsagents business. The recent introduction of a National Lottery terminal will undoubtedly increase customer flow and profits.
Our Client Informs Us That:
Takings and Profitability:
Present weekly takings are around £5,500 per week.
The weekly news bill is around £900, all counter trade apart from around 700 newspapers and Magazines that are delivered each week to the nearby prison, which is a very lucrative customer producing High Gross Profits.
Monday to Saturday7.00am – 8.00pm
Sunday8.00am – 6.00pm
The Business is family operated, with no need for additional staff.
Tenure and Price:
£250,000 plus stock at valuation for the Freehold Property, Business, Fixtures and Fittings.
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