Newsagents for sale in West Glamorgan

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Imran Ahmed (Nov 2014)
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Freehold Price: £250,000 Weekly Turnover: £5,000
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Business Description
• ACCOMMODATION INCLUDED

No Parking Restrictions

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area, recently refitted. New ceramic tiled floor, suspended ceiling with fluorescent lighting, air conditioning. Small cool display serveover counter, upright double door glass fronted display deep freeze, 1-2m cool display open unit, modern adjustable shelving, counter plus combination post office section, till with EPOS scanning plus back office computer, additional cool display unit, photo booth, photocopier, ATM machine (on loan). Post Office counter with anti-bandit screen (2 positions) etc..

Turnover : £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 18% approx. Post Office salary £31,000 p.a. approx. (We understand that it is the intention of Post Office Counters ltd. to convert the sub post office to a Post Office Local and we understand that the income is anticipated, in fact, be in the region of £19,000. We are further advised that the sales year ending 5th April, 2014 showed sales of £253,910 with a gross profit of £41,657 plus sub post office salary of £32,710 providing a total gross profit of £74,367.

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £250,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Friday inclusive - 8 a.m. - 8 p.m.
Saturday - 8 a.m. - 6 p.m.
NO SUNDAY TRADING


Number of Employees:

The business is at present operated by a husband and wife team with the assistance of their son.

Tenure: Freehold

Number of bedrooms: 3

Accommodation Details:

The SPACIOUS living accommodation all in GOOD CONDITION comprises:

Ground Floor
Large Lounge/Dining Room
Fitted Kitchen

First Floor
3 Double Bedrooms
Fully tiled Bathroom with bath, separate shower, w.c. and wash hand basin
Office

In addition there is a second staircase to the first floor comprising an additional 2 rooms plus shower room with shower, w.c. and wash hand basin

It will be appreciated upon inspection that there is potential for this additional living accommodation area to be sublet as a Self Contained Flat, if desired.Garage used for stock purposes
Yard at rear plus driveway with parking for approximately 3 cars

Location Details: Residential area, SOUTH WALES

Listed by: Nationwide Businesses Ltd
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C8507
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