Newsagents for sale in West Midlands

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £49,500 Price Reduced Weekly Turnover: £6,500
Request Details
Business Description
Forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 1 glass topped chest display deep freezer, 2 ice cream deep freezers (owned), shelving, 1-2m open cool display unit, 1-2.75m open cool display unit etc.

Small stockroom plus large stockroom (not used at present)
Kitchen
Staff w.c. & wash hand basin

Residential area, WEST MIDLANDS

Turnover : £6,500 p.w. in our opinion offering further potential to increase in the right hands. National Wholesale newsbill £780 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 £70 p.w. The business also has Payzone.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN 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.

Lease : £49,500 (C8854)

www.NationwideBusinesses.co.uk

Trading Hours:
6 a.m. - 9 p.m. seven days per week

Number of Employees:
At present operated by a husband & wife team plus 1 part time staff employed.

Tenure: Leasehold

Accommodation Details: Rear garden plus large garage

Location Details: Residential area, WEST MIDLANDS

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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C8854
Seller Reference:
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