Newsagent for sale in Wolverhampton

 

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Property Details

Enjoying all the considerable commercial advantages of its outstanding trading position among other complementary outlets on a busy main road parade serving a densely populated residential suburb of Wolverhampton, this very well established(8 years ) concern currently primarily conducts an extremely useful and popular retail operation of an extensive selection of traditional news, confectionery and tobacco lines, together with an excellent choice of greetings cards for all occasions and a currently limited range of general convenience grocery items.
In addition to providing Pay Zone the business also supports a morning only news delivery round, and would naturally furnish any enthusiastic purchaser with vast scope for continued growth not least with regard to still further expansion of its retail products and services currently provided; considerable further development of its news delivery rounds; and to operating significantly extended hours in order to improve upon already excellent levels of turnover and profitability.

Financial Information
Current average weekly retails takings in the region of £3,000 with good profits and scope to increase. Pay Zone commission income to be advised. News sheet £900 per week at cost.

Lease
The premises are being offered with the benefit of a secure new lease, the length and terms of which are negotiable.

Rent
The commencing rental would be £9600 per annum.

Business Rates
We are advised that there are no  Business Rates

Trading Hours
Monday to Saturday 6am to 8pm
Sunday 6am to 3pm

Property Description
Fitted to high trade specifications throughout, these well maintained leasehold  premises provide excellent business accommodation which consists of an inviting double-fronted entrance with wheelchair ramp access and display window space on two sides into the main, bright, well-appointed and deceptively spacious retail sales and customer service showroom area with tiled flooring for easy cleaning, which houses a full range of modern, high quality, fixed and free-standing display furniture and shelving in addition to various chilled display cabinets, extensive periodical and greetings cards racking and a prominent, elevated display point-of-sale counter area with tobacco gantry, electronic till point, and Pay Zone
The premises also incorporate a good sized general storeroom with basic shop kitchen area and a small, fully furnished and equipped private and general administration office, with further ancillary accommodation consisting of all the usual washroom/WC facilities.
The premises also enjoy the benefit of a full alarm system.

Externally
Occupying a fantastic trading position among numerous other complementary outlets on a high footfall metropolitan retail thoroughfare, to the exterior the premises are well signed and afford ample and inviting double-fronted display window space onto a pavement display area.

Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of trade equipment is to be included in the sale price.

Viewing Arrangements
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please telephone 0121 452 5133 /07775903332

 

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