Newsagents for sale in Nottingham

View the "Newsagents Stand for Sale in Nottingham Town Centre, Nottinghamshire" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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John Peacock (Feb 2017)
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Asking price: £49,000 Annual Turnover: £260,000 Annual Net Profit: £62,000
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Business Description
A CTN newsstand that has been established since the 1940's working on high-profit margins and low overheads.

This is a well-established CTN newsstand that has been established since the 1940's in Nottingham city centre and is well known in the area. They sell your everyday passing needs from cold drinks, confectionary, tobacco, crisps, newspapers and magazines. They also offer the MoneyGram service. The business has an annual turnover of £260k and has high margins of 24%. There are 7 years remaining on the current lease which is with Natwest. The business has very low rent and has no staff other than the current owner. The business currently opens Monday - Saturday 8 am - 5 pm so there is a great room to expand the opening hours.
Tenure Information: Leasehold at £7,500 PA

Listed by: Bizdaq
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