Newsagents for sale in West Midlands

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £165,000 Leasehold Price: £65,000 Weekly Turnover: £7,000
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Business Description
• ACCOMMODATION INCLUDED

SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. Air conditioning. The equipment includes counter, electronic cash register, 1 glass topped chest deep freezer, 2 double door glass fronted display fridges, 1 single door glass fronted display fridge, 1 open cool display unit (used for sandwiches), 1 additional 7' open cool display unit (used for wines & beers).

Stockroom.

Turnover : WE ARE INFORMED the turnover overages £7,000 p.w. Wholesale newsbill £600 p.w. We are further advised that the gross profit is in the region of 20%.. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £115 p.w. The business also has Paypoint which we understand provides a further commission of approximately £20 p.w. The business also has an ATM machine which we understand provides a further revenue of approximately £20 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£15,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 5.30 a.m. - 9 p.m.
Sunday opening - 6 a.m. - 8 p.m.


Number of Employees:

The business is at present operated by the vendor with the assistance of 1 part time staff. 2 newsrounds. Delivery charge 50p p.w.

Tenure: Freehold, Leasehold

Number of bedrooms: 1

Accommodation Details:

On the ground floor is a shower room with shower, w.c. & wash hand basin

First Floor
1 Double Bedroom
Living room/kitchen

In addition there is a loft area with possible potential to be converted into additional accommodationLarge garden
In our opinion there is potential to extend the property at rear, subject to obtaining the necessary planning permission

Location Details:

Situated in a terrace, main road position, residential area plus close to an industrial area, WEST MIDLANDS

Listed by: Nationwide Businesses Ltd
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C8618
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