Asking price: £69,500

Sales revenue: £451,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

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