Newsagents for sale in Birmingham

View the "Supermarket in West Midlands" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We used to use Daltons Weekly but found your website much easier to use. 

S Martin (Feb 2013)
View More
Freehold Price: £275,000 Leasehold Price: £80,000 Weekly Turnover: £10,000
Request Details
Business Description
• ACCOMMODATION INCLUDED

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting & fully equipped including counter, till with EPOS scanning system, 2 glass topped chest display deep freezers, 1 upright deep freezer, ice cream deep freezer, 2-2.75m open cool display units, modern adjustable shelving etc.

2 Stockrooms
Office.

Turnover : £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. 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 £50 p.w. The business also has Paypoint which we understand provides a further commissiion of approximately £50 p.w. There is also an internal ATM machine which we understand provides a further revenue of approximately £60 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE LEASEHOLD PROPERTY (APPROXIMATELY 160 YEARS UNEXPIRED AT A GROUND RENT OF ONLY £240 P.A. FIXED), GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
8 a.m. - 9.30 p.m. seven days per week


Number of Employees:

At present staff operated. 2 full time plus 1 part time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Freehold, Leasehold

Number of bedrooms: 4

Accommodation Details:

The accommodation comprises:

2 x SELF CONTAINED FLATS each with FULL GAS FIRED CENTRAL HEATING, at present let & providing a rental income of £450 per month each, however we understand that vacant possession can be given on completion, if required. Each flat comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge with fitted kitchen areaService area at rear of parade providing shared car parking

Location Details: Situated in a parade, residential area, BIRMINGHAM

Listed by: Nationwide Businesses Ltd
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

G7583
Seller Reference:
Bookmark and Share
You May Also Like...
loading...