- Advert ID: 659021
- (Seller ref: np)
Busy Newsagents For Sale
- Location:
-
- United Kingdom
- > England
- > Midlands
- > Worcestershire
- > Worcester
- > worcester
- Category:
-
- Retail
- > General
- > Newsagents
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Summary
- Asking price:
- £85,000 (Furniture / Fixtures included)
- Sales revenue:
- £353,000
- Net profit:
- £57,000
- Years established:
- 30
- Employees:
- 3 inclusing principal and paper boys
Business description
Newsagents Worcester (07) turnover of £353,854.00 positioned on a busy A Road into Worcester with 3 private schools & college. Cellar and large storage unit rent by neg £85,000 leasehold Plenty more scope if opened hours are improved. Parkers 01905 617770
Property information
- Property:
- Leasehold
- Lease terms:
- New lease to be agreed. Owner flexible and willing to split rear unit. Also happy to include clause giving 1st option to buy building which has a 5 bedroom fully refurbished flat over let out to the college of technology.
- Location:
- prime A road into Worcester City Centre
Other information
- Expansion potential:
- it is a family business where the children are not interested. Therefore the opening hoours have been limited and should open later and offer other products aimed at the private schools etc and possible convience foods and spirits
- Competition / Market:
- small new convienence store just opened up the road but not newsagency or other services ie lottery cash machines mobile top up etc
- Reasons for selling:
- retirement
- Trading hours:
- 7-5
- Furniture / Fixtures value:
- £5,000 (included in the asking price)
- Inventory / Stock value:
- £11,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > England
- > Midlands
- > Worcestershire
- > Worcester
- > worcester
- Retail
- > General
- > Newsagents
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