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Lease Hold Newsagent - City Centre
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $320000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Family.
Description Commercial property to let: Leasehold Newsagent For Sale (City Centre), Leicester, Leicestershire. Cupid Homes are pleased to offer this newsagent shop for rent on a long lease, Located in the city center near tower flats, offices & the new CURVE THEATRE. Goodwill Fixture & Fittings :œ32,500.
REF: 13653
Business description:
*Extremely well established Newsagents for over 30 years.
*Prime city centre location next to the curve theatre and many other complimentary businesses.
*Specialises in the sale of newspapers and magazines as well as sweets, snacks, soft drinks wines, beers,spirits and tobacco.
*Enviable turnover increasing steadily and with good gross profit margins.
*Constantly high level of footfall.
*Scope to increase the sales.
*Excellent business acquisition.
*Trading hours - Monday to Saturday 6:00am to 7:00pm ( Sundays Closed)
*We are told the average weekly taking is around - 3.5k to 4k
Property information
Landlord Might Consider Rental For Two- Three Years If Required.
Lease terms: 21years remaining ( Fully Extendable)
Location: Prime city centre location next to the curve theatre
Competition / Market: There aren't any real threats to the business, it is in a prime location.
Support & training: one week training can be given on request, on purchase of business
Reasons for selling: Health reasons
Trading hours: Monday to Saturday 6:00 am to 7:00pm
Property Features:
* City Centre Location
* Opposite The New CURVE THEATRE
* Close To Multi Offices & Other Businesses
* Only œ125.66 Per Week Including Service Charges & Insurance
* Goodwill Only œ 32,000
* Genuine Offers Considered
* Takings œ3,500 to œ4,000 Per Week
* No Local Competition
* There is no real threats to this business
* cupidhomes.co.uk - Email or call 01162 988 555 for more information on this Newsagent business for sale.
Click Here To Contact Seller
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