Newsagents for sale in Norfolk

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £135,000 Weekly Turnover: £12,000
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Business Description
The business has been in the same hands for the past 27 YEARS and there are genuine reasons for sale.

Shared parking in front of parade.

Spacious SINGLE FRONTED SALES SHOP, probably in the region of 950 sq. ft. sales area, with tiled floor, suspended ceiling with lighting, counter, 2 tills with scanning, 3 single-door glass fronted drinks display fridges (on loan from Coca Cola), 2 open cool display units (owned, 1 used for dairy produce plus milk whilst the other is used for wines and beers), ice cream deep freeze (owned), 7 greeting card display stands with drawers under, ATM machine, CCTV system with 7 cameras, monitor plus recording.

Staff w.c. and wash hand basin..

Turnover : £12,000 p.w., in our opinion offering further potential to increase in the right hands. 'Wholesale newsbill £1,500 p.w. We are further advised that the draft accounts for the year ending 30.1.16 showed £614,855 including £22,080 in respect of commission received from the sale of online National Lottery tickets plus scratchcards plus Paypoint. We are further advised that the overall gross profit showed £145,347.

£135,000 plus stock at valuation (£35,000/£40,000 approx.)
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday/Friday incl. 6 a.m. - 8 p.m.
Saturday opening 6 a.m. - 7 p.m.
Sunday opening 6 a.m. - 6 p.m.

Number of Employees:

The business is at present operated by the vendor, with the assistance of his wife on a part time basis, plus 4 part time staff and 1 casual staff.

Tenure: Leasehold

Location Details:

Situated in a parade of 3 shops, busy road, residential area, NORFOLK.

Listed by: Nationwide Businesses Ltd
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