Newsagents/Lotto Store Harborne West Midlands

Price:

Leasehold - £45,000

Turnover:

Seller Ref:

10828

Location:

West Midlands , Birmingham, Harborne

Business Type:

Retail businesses

See Other:

Newsagents for sale in West Midlands
Convenience stores for sale in West Midlands
Retail businesses for sale in West Midlands

Description:

THE BUSINESS:

Well established newsagents business for sale with lotto top ups and payzone. Sales average £4,000 per week with a gross profit yield in the region of 30%. Weekly newsbill at cost £1,700 with weekly delivery charges brining in a net profit of £300 per week additional income. Lotto commission together with top ups and payzone averages £100 per week. The ground floor lock up shop comprises spacious sales area rear stock room/rest room and WC and is located in a good residential suburb of Birmingham and is secured on a 15 year lease with a rent of £115 per week. Operating hours 6.30am to 7.30pm Monday to Saturday and 7am to 5.30pm Sunday.

Location Details:

Located in Harborne a good residential suburb of Birmingham

Lease Terms:

A new 15 years lease subject to 3 yearly rent reviews

Trading Hours:

6.30am to 7.30pm Monday to Saturday and 7.00am to 5.00pm Sunday