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Reference C9167

Newsagent in West Yorkshire For Sale

Newsagent in West Yorkshire For Sale

Register to see map and to make an appointment Situated in a parade of shops, sought after position, close to main bus stop & railway station, office, residential & commercial area, WEST YORKSHIRE

Turnover 3,000
Price 30,000

Features

6 Day Week Counter News, Confectionery, Tobacco, Electronic Cigarettes, Mobile Top-ups, Chilled Drinks Etc

SINGLE FRONTED SALES SHOP in the region of 200 sq. ft. sales area with lino floor & commercial matting, fluorescent lighting, counter, electronic cash register, 2 single glass door fronted drinks display chillers, 1 double door glass fronted drinks display chiller, 2 glass display cabinets for a comprehensive range of Electronic Cigarettes & E-liquid, modern shelving for confectionery, crisps & newspapers, instore coffee machine

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,000/3,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 125 p.w. We are further advised that the gross profit is in the region of 23%. We are advised by vendors that there is scope to develop business by incorporating alcohol or mobile phones/ repairs etc

Staff

At present mainly staff operated. 2 staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 6 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays

Tenure

We are advised by vendors that there is scope to develop business by incorporating alcohol or mobile phones/ repairs etc


We understand that subject to satisfactory references, the Council are prepared to grant a new 6 years lease at a rental of 7,716 p.a. exclusive of rates for the first 3 years with rent to be agreed thereafter.

Nil Business Rates at present after smal business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 30,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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