Newsagent for sale in Swansea

Swansea, South Wales


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a SHOPPING ARCADE close to the High Street, town centre, WEST GLAMORGAN, SOUTH WALES

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides an average commission of approximately £125 p.w. The business also has Paypoint. We are further advised that the profit and loss account for the period 18th September, 2013 to the 31st March, 2014 showed sales of £68,636 (including commission received of £3,680) with a gross profit of £21,813.

We understand the premises are held on a secure renewable lease having 12 years unexpired from July, 2014 at a rental of £10,320 p.a. exclusive of rates with rent revisions.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING

OFFERS INVITED INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £1
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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