Advert Ref: H687
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Asking price: £69,500
Sales revenue: £451,000
Business description: This business has been established over 100 years. The business represents a tremendous opportunity for a purchaser to expand on the existing good trade. Large newsagents selling newspapers and magazines (with 1,000 titles) The business also benefits from a lottery terminal – for more information contact selling agent. To the rear of the shop is the book department with a very extensive range of books. There is also a greetings cards / stationery / games and toy section. Small store room. Kitchen and toilet. First Floor: Office and store area. Must be viewed to appreciate the potential that this business offers from its high volume foot fall. Further business information • east coast location • tremendous scope • priced to sell • excellent reputation Option to purchase freehold & living accommodation.
Years established: 100 years
Employees: Owner, Manager, Assistant, 1 Book Buyer, Buyer – Greeting Cards, Stationery & Games, 1 Accounts (2 days)
Trading hours: 6.30 am - 6pm 7 days
Property : Leasehold
Lease terms: 11 years to run of a 21 year lease
Living accomodation: Option to purchase Freehold & Living accommodation. Please contact selling agent.
Location: Centrally located in the busiest part of the town on the East Coast.
Reasons for selling: Retirement & Ill health