Newsagents for sale in South Glamorgan

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Imran Ahmed (Nov 2014)
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Leasehold Price: £25,000 Price Reduced Weekly Turnover: £6,000
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Business Description

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 650 sq. ft. sales area with tiled floor, fluorescent lighting & fully equipped including counter, till with EPOS scanning system plus post office combination counter, ice cream deep freezer, 3 double door glass fronted drinks display fridges (all owned), 1-2.5m open cool display unit, wine display shelving, additional shelving etc.

Stockroom approximately 11' x 5' with shelving
Staff w.c.
Small office.

Turnover : £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 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 £100 p.w. The business has recently had a Post Office Local Plus installed at the premises & we understand from the present tenant that this is providing additional income at the present time of approximately £1,600 per month. We are further advised that an external ATM machine has recently been installed providing a rental income of approximately £300 per month.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday - Friday 6 a.m. - 7 p.m.
Saturday - 7 a.m - 7 p.m
Sunday opening - 7 a.m. - 5 p.m.
We are advised the premises has a licence to remain open until 11 p.m. if desired.

Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 2 part time staff. 3 morning newsrounds. Delivery charge £2.50 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with ELECTRIC NIGHT STORAGE HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, w.c. & wash hand basin

We are advised the accommodation could be sublet to provide a rental income of £450 per month if not required for personal use.Garden. Large garage for 2/3 cars. (We understand the garage could be sub-let to provide a rental income of approximately £25 p.w. if not required for personal use).

Location Details:

Situated in a parade, excellent main road trading position, residential area, GLAMORGAN, SOUTH WALES

Listed by: Nationwide Businesses Ltd
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