Newsagents for sale in West Midlands

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Newsagent and Post Office Local in West Midlands

West Midlands, England

  • Freehold Price: £112,500  Price Reduced arrow_drop_down
  • Weekly Turnover: £5,000
Seller Reference: NB-C8862
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Business Description
 
 
 
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Seller Reference: NB-C8862
Request Details
Business Description
Nationwide, Businesses are delighted to present to the market ATTRACTIVE WELL FITTED VILLAGE NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS with POST OFFICE LOCAL. Situated in a parade, residential area, WEST MIDLANDS.

Customers' car parking in front of parade

ATTRACTIVE WELL FITTED SINGLE FRONTED SALES SHOP approximately 400 sq. ft. sales area with laminated strip floor, fluorescent lighting. 3 greeting card display stands with drawers under, 1 additional greeting card display stand with gift wrapping paper section, counter, electronic cash register, post office combination counter, ice cream deep freezer, upright single door glass fronted display fridge (on loan from Lucozade), 1 upright double door glass fronted display fridge (on loan from Coca Cola), slats to walls. CCTV system with 7 cameras, monitor plus recording etc.

Turnover : £5,000 p.w. in our opinion offering further potential to increase in the right hands. In our opinion there is potential to introduce the sale of groceries plus wines, beers & spirits, if desired, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,500 p.w. We are further advised the gross profit is in the region of 20%. Post Office income in the region of £20,000 p.a.

TO INCLUDE THE LONG LEASEHOLD PROPERTY HAVING APPROXIMATELY 45 YEARS UNEXPIRED AT A GROUND RENT OF £10 P.A. FIXED FOR THE ENTIRE PERIOD.

PRICE TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £112,500 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (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. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £112,500 (C8862)

www.NationwideBusinesses.co.uk

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