Newsagent for sale in Tyne and Wear

Tyne and Wear


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Main road trading position, sought after residential area, TYNE & WEAR

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Post Office salary in the region of £40,000. We understand that should the business be purchased Post Office Counters wish to convert the Sub Post Office into a Post Office Local & we are further advised that the revenue is likely to be in the region of £28,000 p.a.

Uniform Business Rates: Nil payable after full relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

The accommodation all in GOOD CONDITION, comprises:

3 Double Bedrooms
Bathroom with bath, shower, wash hand basin
Separate w.c.
Lounge
Fitted kitchen with dining area
Conservatory

Monday - Friday inclusive - 7.30 a.m. - 7.30 p.m.
Saturday opening - 8 a.m. - 12.30 p.m.
NO SUNDAY TRADING

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £270,000 plus STOCK AT VALUATION (£5,000/£6,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £270,000
Tenure : Freehold
Status: Available
Sectors:
Card Shops
Confectioners
Newsagents
Off Licences
Post Offices
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