Asking price: £100,000

Sales revenue: £260,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is pleased to offer to the market this traditional newsagent has been trading for over 50 years.

The current owner has been in ownership for the last 14 years and is reluctantly selling due to retirements.

Goods on offer:
• Counter news, papers & magazines
• Tobacco, cigarettes & smoking pipes
• Confectionery, crisps & chocolate
• Children’s sweets
• Cold soft drinks
• General convenience items
• payzone

We are advised that stock at cost is in region of £7,000 to £5,000 and is payable, in addition to the value of the freehold and the business goodwill.
REF: 9325WV
FINANCIAL INFORMATION
The owner informs us that the shop takings vary between £5,000 to £6,000 per week consisting of £3,500 @ 22% and a further £2,000 to £2,500 Payzone @ 3.5% commissions.

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Trading hours: Mon-Sat: 8.00am – 5.00pm

Property: Freehold

Location
Primarily situated in the main town centre surrounded by a large variety of both independent and blue chip national retailers.

The shopping centre benefits from a very high volume of footfall as well as free customer car parking.

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		Sales Particulars