Newsagents for sale in Solihull

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

Traditional Newsagents Solihull West Midlands

Solihull, West Midlands, England

  • Leasehold Price: £84,950
  • Annual Turnover: £650,000
Seller Reference: 11163
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Business Description
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Seller Reference: 11163
Request Details
Business Description
Traditional Newsagents business for sale established in 1992 selling sweets tobacco newspapers cards gifts stationery soft drinks and helium balloons with gross sales averaging £12,500 per week with a gross profit margin in the region of 18%. Weekly newsbill at cost £2,000 having 6 morning rounds. Extra income of £7,404 per annum from commissions from the lotto Hermes parcels and paypoint. The business operates from a spacious shop in a good parade of shops including Greggs Betfred Mind charity shop a café and fish & chip takeaway with plenty of customer parking. The premise comprises ground floor sales shop with rear office/store room and WC and outside rear yard with vehicle access and single garage all secured on a lease with a rent of £18,000 per annum. The business has been operated by our clients for the last 8 years and only now selling due to retirement. Hours of trade 5.00am to 6.30pm Monday to Saturday and 5.00am to 2.30pm Sunday. Great opportunity to purchase a very busy high turnover business in an excellent location with good net profits.
Trading hours:
5.00am to 6.30pm Monday to Saturday & 5.00am to 2.30pm Sunday
Location Details:
Located in an excellent parade of shops in Solihull with plenty of customer parking spaces
Leasehold Term:
Secured on a lease with a rent of £18,000 per year
Listed by:
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