Traditional West Midlands Newsagents For Sale

Business description

Traditional newsagents business for sale with sales of news sweets tobacco and essential grocery items taking £4,000 per week with a gross profit yield in the region of 25%. Additional income from Top ups Payzone averages £75.00 per week. Weekly newsbill at cost £950 having 3 morning rounds 3 evening and 4 on Sundays. The shop is situated on a busy main road in a busy commercial area having sales shop with rear stock room and WC secured on a 5 years lease with a rent of £80.00 per week. A new longer lease is available. The shop has recently been refurbished and has the benefit of an ADT alarm and Phillips DVR system 4 screen CCTV. To the front of the premise there is a forecourt allowing parking of vehicles or displaying of goods. Hours 5am to 6pm Monday to Saturday and 5am to 2pm Sunday. Operated by the owner with two part time staff.

Property information

Property:

Leasehold

Lease terms:

5 years lease from August 2008. A new longer lease is available.

Leasehold rent:

£4,152 per annum

Location:

Located in a busy mixed commercial/residential area

Premises details:

Briefly comprises sales area rear stock room WC and outside to the front large forecourt

Other information

Support & training:

Full tuition will be given to any new owner

Reasons for selling:

Moving abroad

Trading hours:

5.00am to 6.00pm Monday to Saturday and 5.00am to 2.00pm Sunday

Financing available:

Finance avialble through Hurdley & Co Telephone 01564 739797