Newsagents for sale in West Midlands

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I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £425,000 Leasehold Price: £170,000 Weekly Turnover: £17,500
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Business Description
The business has been in the same hands for the past 27 years and there are genune reasons for sale.

This SPACIOUS SALES SHOP probably in the region of 1,600 sq. ft. sales area with quality tiled floor, fluorescent lighting. We understand the shop was partly refitted approximately 4 years ago. The equipment includes modern adjustable shelving, cigarette gantry (on loan), 2 large glass topped chest display deep freeers, 1 large open cool display unit (used for milk & dairy produce), 2 additional open cool display units (1 used for beers whilst the other is used for soft drinks), counter, 2 tills with EPOS scanning system, large centre display gondola. CCTV system with 8 cameras, monitor plus recording.

Large stockroom plus additional stockroom
Kitchen area with sink
Staff w.c..

Turnover : WE ARE INFORMED the turnover curently averages £17,500 p.w. in our opinion offering further potential to increase, (10% of sales are tobacco generated), especially with additional opening hours. Wholesale newsbill £400/£450 p.w. We understand the gross profit is in the rgion of 20/22% approx. In addition the business sells instant scratch cards plus we understand an on line national lottery terminal has rececently been introduced which should provide additional commission. The business also has Payzone.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTUES & FITTINGS £170,000 plus STOCK AT VALUATION (£30,000/£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £425,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 8.30 a.m. - 8 p.m.
Sunday opening - 10 a.m - 2 p.m.
In our opinion there is potential for opening earlier in the morning, if desired & indeed opening later at night & for additional opening hours on Sunday.


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 3 part time staff.

Tenure: Freehold, Leasehold

Accommodation Details: Yard at rear with rear access for deliveries

Location Details: Residential area, WEST MIDLANDS

Listed by: Nationwide Businesses Ltd
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G7213
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