Business Summary

Key Features:-

Traditional Newsagents Busy All Year Business Averaging £5,000 p.w. net of VAT News Sheet at Cost £1,750 p.w.Well Established Leasehold Lock Up Retirement Sale.

Property Description:-

Accommodation Comprising

Ground Floor
Single fronted retail unit approximately 5m x 4.3; small store; wc and wash hand basin.

Business
The business is equipped and includes fridge, ice cream freezer, card display, magazine and paper display, sweets display, crisp stand, till, etc. A full inventory will be prepared prior to exchange of contracts. Opening Hours: Monday to Saturday - 6am to 6pm, Sunday 7am to 12.30pm. Rounds: 5 morning, 4 evening, 7 Sunday. News sheet at cost £1,750 per week. Accounts for the year ending 31st March 2012 confirm a turnover of £257,000. Gross Profit 18%. Net Profit £17,321.

Services
Electric and water connected.

Tenure
Leasehold. Original 10 year lease, expires 2013. Rent £5,200 per annum. 3 year reviews. Internal Repairing plus shop front.

Stock
Approximately £12,000 at cost

Location
Corner retail shop premises on Lower Green at Poulton close to its junction with Garstang Road.

Property Details