Newsagents for sale in Birmingham

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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: £21,500 Price Reduced Weekly Turnover: £4,000
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Business Description
We understand from the vendor there is a restriction from Bourneville Trust that an Off Licence would not be allowed.

Electrict Shutters to SPACIOUS DOUBLE FRONTED SALES SHOP with laminated strip floor, ceiling with fluorescent lighting, counter, electric cash register, 1 double door glass fronted drinks display fridge, 1 single door drinks display fridge, ice cream deep freeze, 3 greeting card display stands with drawers, 1 revolving card display stand (on loan), DVD stand (on loan), etc.

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin.

Turnover : £4,000 p.w. in our opinion offering tremendous potential for further increase especially with additional opening hours. Wholesale newsbill £1,550 p.w. Gross profit 23% approx. In addition the business is agents for the sale of online national lottery tickets plus scratch cards and we understand this provides a commission of approx. £90 p.w. We are further advised that the sales year ending 31st March, 2013 showed sales of £160,229 plus Camelot commission of £3,383 providing total sales of £163,612 with a gross profit of £43,498.

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

Monday & Tuesday - 5.30 a.m. - 6 p.m.
Wednesday - 5.30 a.m. - 7.30 p.m.
Thursday & Friday - 5.30 a.m. - 6 p.m.
Saturday - 5.30 a.m. - 7.30 p.m.
Sunday - 5.30 a.m. - 1 p.m.

Number of Employees:

The business is at present operated by the vendor with the assistance of 1 full time & 1 part time staff. 9 morning newsrounds. Delivery charge £1.75p.w.

Tenure: Leasehold

Location Details: Situated in a parade, residential area BIRMINGHAM

Listed by: Nationwide Businesses Ltd
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