Newsagents for sale in Birmingham

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

 I sold my business through Daltons, which all went very smoothly & I thought your advertising site was great. 

Colin Morley (October 2016)
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Leasehold Price: £21,500 Price Reduced Weekly Turnover: £4,000
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Business Description
We understand from the vendor there is a restriction from Bourneville Trust that an Off Licence would not be allowed.

Electrict Shutters to SPACIOUS DOUBLE FRONTED SALES SHOP with laminated strip floor, ceiling with fluorescent lighting, counter, electric cash register, 1 double door glass fronted drinks display fridge, 1 single door drinks display fridge, ice cream deep freeze, 3 greeting card display stands with drawers, 1 revolving card display stand (on loan), DVD stand (on loan), etc.

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin

Situated in a parade, residential area BIRMINGHAM

Turnover : £4,000 p.w. in our opinion offering tremendous potential for further increase especially with additional opening hours. Wholesale newsbill £1,550 p.w. Gross profit 23% approx. In addition the business is agents for the sale of online national lottery tickets plus scratch cards and we understand this provides a commission of approx. £90 p.w. We are further advised that the sales year ending 31st March, 2015 showed sales of £142,754 plus Camelot commission of £2,649 providing total sales of £145,403 with a gross profit of £40,521.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £21,500 plus STOCK AT VALUATION (£7,000/£7,500 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.

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

Listed by: Nationwide Businesses Ltd
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C8356
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