Newsagents for sale in Gwent

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £60,000 Weekly Turnover: £6,000
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Business Description
To the rear of the parade is a LARGE PUBLIC CAR PARK. We understand that every Tuesday there is a large market operated in the car park.

SPACIOUS DOUBLE FRONTED SALES SHOP with laminated strip floor plus carpeted front area, suspended ceiling with LED lighting. The equipment includes 8 illuminated glass display cabinets, counter, 2 tills with EPOS scanning, ice cream deep freezer, 1 double door glass fronted display fridge (on loan from Coca Cola), 1 single door glass fronted display fridge (owned), shelving, 4 greeting card display stands with drawers under etc.

Staff cloakroom with w.c. & wash hand basin

3 stockrooms

Basement - ideal for storage purposes.

Turnover : £6,000/£6,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £800/£900 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£20,000/£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 7.30 a.m. - 5 p.m.
NO SUNDAY TRADING


Number of Employees:

The business is at present staff operated. Staff employed 1 full time manageress plus 4 part time staff plus additional casual staff at weekends.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Accommodation Details: Large rear yard

Location Details:

Situated in a parade, excellent trading position, GWENT

Listed by: Nationwide Businesses Ltd
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C8724
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