| (REF: kbs 37997) Newsagents |
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| Seller Reference: |
kbs 37997 |
| B4S Reference: |
24352 |
| Asking Price: |
£17,000
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| Net Profit: |
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| Sales Revenue: |
£62,400 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Wallasey, Merseyside, United Kingdom |
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The business has been established for over 100 years, and has been under the ownership of our clients since 2008. The business traded as a Post Office and newsagent until this date, but the Post Office subsequently was closed, and additional retail lines were introduced. As a Post Office, the business developed a strong trade in cards and stationery, and so provided good profit margins for our owners when they first took ownership. Since early 2011, our clients have had to open just limited hours as they have other business commitments, that mean that they are less able to fulfil their commitments at this location. The business still has a full retail proposition that includes newspapers, including 3 local delivery rounds, grocery and convenience lines, cards and gifts, stationery, confectionery including loose sweets and a limited range of tobacco products.
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Property: |
Leasehold |
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Lease Terms: |
A freehold option is also available |
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Current Rent: |
£7,200pa |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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