Newsagents for sale in Halesowen

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Adam Warren (Jan 2017)
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Leasehold Price: £59,500 Weekly Turnover: £6,500
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Business Description
The business is well established ( 67 years) and has been successfully run by our client since 2013 The current owner has worked tirelessly to transform the business into what it is today, turnover increasing weekly currently £6500 av per week

Rent £11500 pa and zero rates The principal business activities lie in the serving of everyday commodities, , bread, toiletries, groceries, alcohol and tobacco to name a few , with a consistent revenue from Lottery /Scratch cards The business currently opens seven days a week, with a constant flow of customers from the neighboring, densely populated residential area. The business benefits from ample local parking within the local town Our client, over the past few years has successfully transformed the fortunes of this sustainable business. Scope for further improvement could include introducing sales of other product lines , along with extended opening hours plus paper rounds .

The business reluctantly comes to the market due to our client’s family commitments and would suit an owner / manager to realise greater profits /wage .

#If the business is totally owner run it should realise a wage /profit per week up to £1000 !!! #

Location Description: The Convenience Store is located in a popular " Black Country Town " in a prime location with other complimentary businesses within a small parade of shops, all nestled within a large residential area ensuring heavy footfall.

Premises Details: The business proudly sits on a central position within a parade of complimentary shops. The open plan retail area of the store is covered by means of tiled flooring, shelving is abundant to the perimeter walls, the retail area houses all the necessary fixtures and fitting to run the business, including; chiller cabinets, a double drinks chiller, 1 ice cream freezer, along with a large confectionary , newspaper and Alcohol displays The retail area is extremely well presented, allowing customers easy access to the amply stocked shelves. The retail area is extremely well lit with an array of fluorescent lights allowing a bright and welcoming atmosphere. Customers benefit from the installed Payzone. Within the retail area of the shop is a counter server housing one electronic cash registers. To the rear of the ground floor lies the store room, along with kitchenette and a w.c. with external storage and two parking spaces .

The business is run by the owner and one part time assistant .

Trading Hours: The business currently observes the following opening hours: Monday to Saturday 6.00 am to 7.45 pm Sunday 8am to 12 pm

Lease Terms: We are advised the business is Leasehold with six years remaining. A new lease is available, if required

Furniture, fixtures and fittings are included in the sale including cctv .

# latest news - The business is now earning extra income from being an agent for UPS & Amazon plus the owner has an alcohol licence from 6am - 11pm .
Tenure: Leasehold

Location Details:
Located within the Town Centre with plenty of footfall

Leasehold Term: 6 years remain

Listed by: City Business Brokers
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