Open to Offers !! Newsagent with Off Licence

Price:

Freehold - £175,000

Turnover:

Seller Ref:

trb.1450

Location:

Warwickshire , West Midlands, Bedworth

Business Type:

Retail businesses

See Other:

Convenience stores for sale in Warwickshire
Off licences for sale in Warwickshire
Newsagents for sale in Warwickshire
Newsagents for sale in Warwickshire
Newsagents for sale in Warwickshire
Retail businesses for sale in Warwickshire

Description:

THE BUSINESS:

The Business Partnership Coventry office is pleased to be representing this long established, family run newsagents and convenience store with recently introduced off licence. The business has recently been refurbished and is offered for sale on either a freehold or leasehold basis and comprises a good sized ground floor retail area with a self-contained 1 bed flat above.

The business is located in a densely populated area of a North Warwickshire town and has a loyal client base together with passing trade.

Counter takings are in the region of £5k per annum from short hours with additional rental income of £500pcm from the flat.The business earns commissions from Payzone and there is potential to introduce other E-top ups and off licence and extended opening hours to drive up sales.

The owners are now looking to sell the business after more than 27 years of trading due to bereavement and will give all reasonable offers due consideration!!

Lease Terms:

New negotiable lease available with the vendor at circa £14,000 per annum.

Accommodation:

Good size 1 bed self-contained flat above