Card Shops for sale in Nottingham

View the "Newsagent with Lottery and Paypoint INCLUDING STOCK with Optional Accommodation" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons was easy to use and resulted in a number of very positive leads. 

Mr K. Hall (November 2016)
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Leasehold Price: £15,000 Price Reduced Annual Turnover: £325,000
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Business Description
The Business Partnership is pleased to be appointed selling agent for a well established newsagent, which is currently run under management.

There is an opportunity to purchase the business either with or without residential accommodation above the retail shop. A new lease will be granted by the landlord, Nottingham City Council. 

Weekly sales are circa £6,000 ex VAT. Commission from the National Lottery and Paypoint add a further amount of approximately £370 per week. The accounts year ending March 2016 show an owner operator would be able to take a wage of circa £25,000 when added to the net profit of £3,615. 

The business provides the full range of goods and services normally associated with this type of business, including a small number of newspaper delivery rounds.

The business is located in modern premises in a popular parade of shops. However, the interior of the premises are ready for refurbishment, which could also benefit the sales and profitability of the business. 

The business will appeal to buyers seeking to purchase their first business in this sector and to those who have experience but are looking to have accommodation attached to the business.
Tenure: Leasehold

Accommodation Details:
Optional accommodation above the premises is a well presented duplex flat comprising two bedrooms, lounge/diner, kitchen and bathroom.


Location Details:
The business occupies premises in a popular parade of shops in a Nottingham suburb. There is on street parking in front of the shop.

Leasehold Term:
Nottingham City Council are the landlords for the building. Anticipated rent in year one would be £10,000 inc vat with periodic rent increases.


Listed by: Business Partnership
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