Newsagent for sale in Wednesbury

Wednesbury, West Midlands


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, residential & industrial area WEST MIDLANDS

WE ARE INFORMED the turnover averages £7,000/£7,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. In addition the business has national lottery scratch cards which we understand produces a commission of approximately £40 p.w. We are further advised by the vendor that an on line national lottery terminal should be installed shortly. In addition the business has Western Union, Paypoint & Collect Plus delivery & drop off which we understand provides overall a commission of approximately £60 p.w.

We understand the premises are held on a secure renewable lease for a period of 20 years from March, 2014 at a current rental of £12,000 p.a. exclusive of rates up to March, 2017, with rent review at that time and thereafter every 3 years.

SELLING DUE TO VENDOR ILL HEALTH

EPC: 'B'

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 5 a.m. - 9.30 p.m.
Sunday opening - 6 a.m. - 8 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £39,950
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
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