Newsagents for sale in West Midlands

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 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
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Freehold Price: £395,000 Price Reduced Weekly Turnover: £17,500
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Business Description
The business has been in the same hands for the past 27 years and there are genune reasons for sale.

This SPACIOUS SALES SHOP probably in the region of 1,600 sq. ft. sales area with quality tiled floor, fluorescent lighting. We understand the shop was partly refitted approximately 4 years ago. The equipment includes modern adjustable shelving, cigarette gantry (on loan), 2 large glass topped chest display deep freeers, 1 large open cool display unit (used for milk & dairy produce), 2 additional open cool display units (1 used for beers whilst the other is used for soft drinks), counter, 2 tills with EPOS scanning system, large centre display gondola. CCTV system with 8 cameras, monitor plus recording.

Large stockroom plus additional stockroom
Kitchen area with sink
Staff w.c.

Residential area, WEST MIDLANDS

Turnover : WE ARE INFORMED the turnover curently averages £17,500 p.w. in our opinion offering further potential to increase, (10% of sales are tobacco generated), especially with additional opening hours. Wholesale newsbill £400/£450 p.w. We understand the gross profit is in the region of 20/22% approx. In addition the business has on line national lottery & scratch cards which we understand provides a commission of £140 p.w. The business also has Payzone.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £395,000 plus STOCK AT VALUATION (£30,000/£35,000 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

Listed by: Nationwide Businesses Ltd
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