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Established & Thriving Newsagents In Worcestershire Town Centre For Sale

Tenbury Wells, Worcestershire, UK
Asking Price:
£40,000 Furniture / Fixtures included
Turnover:
£312,513
Net Profit:
Under £50K

Established and thriving Newsagents. Busy prime location in centre of historic Worcestershire riverside town. Net sales £312,513 per annum. Gross Profit £73,400 (23.4%). Retirement sale after 44 years ownership. Trading congenial hours - scope to extend hours and widen stock lines held including introduction of convenience groceries. Well-presented and equipped sales area (770 ft.²), 2 x stock rooms (244 ft.²), kitchen and toilet. Leasehold @ £8,000 per annum rental. O.I.R.O. £40,000. Ref: CC/9359

Property Information

Property:

Leasehold

Leasehold Rent:

£8,000 per annum

Location:

Busy prime position in town centre

Premises Details:

Well-presented and equipped shop and storage.

Business Operation

Reasons for selling:

Owner's retirement.

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