Newsagents for sale in Leamington Spa

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Established News/Wines & Spirits Business Warwickshire

Leamington Spa, Warwickshire, England

  • Leasehold Price: £22,500  Price Reduced arrow_drop_down
  • Annual Turnover: £156,000
Seller Reference: 11161
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Business Description
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Seller Reference: 11161
Request Details
Business Description
Newsagents business for sale established in the 1950’s and operated by our clients since 1999 and only selling now due to retirement but offering any new owner great potential to significantly increase the present turnover with the introduction of more stock the lottery paypoint and payzone Hermes delivery and top ups and credit card payments. Sales at present average £3,000 per week with a gross profit yield in the region of 25% and a newsbill at cost of £1,900 having 7 delivery rounds. The property which is to be secured on a new lease with a rent of £15,000 per annum comprises ground floor sales area 50.6sq.m (545sq.ft) with rear store room small store and WC. There is a double garage and large rear room with door leading to garden with decking area lawned garden vegetable patch and shed. To the first floor there is a double bedroom bathroom kitchen/dining area and lounge and to the second floor two further double bedrooms and attic storage space all with gas central heating. Outside to the front forecourt with parking for 3 vehicles. The premise is located in a parade of shops including carpet shop hair salon and bike shop in a very good residential area and close to two very good schools. Super opportunity.
Trading hours:
5.30am to 5.30pm Monday to Saturday and 5.30am to 1.00pm Sunday
Number of employees:
Operated by the two owners
Location Details:
Located in a parade of shops in a very desirable residential area close to two very good schools
Leasehold Term:
A new lease is available terms negotiable
Listed by:
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