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Old Established Newsagents With Cards And Stationery For Sale

UK
Asking Price:
£85,000
Turnover:
£442,000
Net Profit:
Undisclosed

DOUBLE FRONTED PREMISES in the region of 930 ft², with a 735 ft² sales area, tiled floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 2 x drinks display fridge (glass fronted upright double-door), ice cream freezer, card display stands, CCTV system (1 camera, 1 monitor).

Stock room, in the region of 190 ft².

Staff Toilet with w.c. and wash hand basin.

LOCATION: Situated in a Parade, excellent main road trading position, residential, office and commercial area, Ayrshire.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 23% approx. Lucrative Wholesale newsbill £3,000 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £50 per week approx.

STAFFING: The business is at present operated by the vendor with the assistance of 2 part time staff. 7 news rounds (260 houses), delivery charge £3.00 p.w.

PRICE: TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£10,000 APPROX.)

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Freehold