Newsagents for sale in West Midlands

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

 A great tool to sell without the huge estate agent fee and a partial refund for a quick sale!  

S. Campbell (April 2016)
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Freehold Price: £165,000 Leasehold Price: £65,000 Weekly Turnover: £7,000
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Business Description
SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. Air conditioning. The equipment includes counter, electronic cash register, 1 glass topped chest deep freezer, 2 double door glass fronted display fridges, 1 single door glass fronted display fridge, 1 open cool display unit (used for sandwiches), 1 additional 7' open cool display unit (used for wines & beers).

Stockroom

Situated in a terrace, main road position, residential area plus close to an industrial area, WEST MIDLANDS

• ACCOMMODATION INCLUDED

On the ground floor is a shower room with shower, w.c. & wash hand basin

First Floor
1 Double Bedroom
Living room/kitchen

In addition there is a loft area with possible potential to be converted into additional accommodation

Turnover : WE ARE INFORMED the turnover overages £7,000 p.w. Wholesale newsbill £600 p.w. We are further advised that the gross profit is in the region of 20%.. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £115 p.w. The business also has Paypoint which we understand provides a further commission of approximately £20 p.w. The business also has an ATM machine which we understand provides a further revenue of approximately £20 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£15,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Freehold, Leasehold

Number of bedrooms: 1

Listed by: Nationwide Businesses Ltd
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C8618
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