 | Freehold Newsagents & Off Licence For Sale West Midlands, United Kingdom Advert ref: trb.1344 FINANCIAL DETAILS | Asking price: £300,000 Sales revenue: £350,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | An excellently presented shop and family home, in a sought after residential area of Tamworth, South Staffordshire taking circa £6k per week in sales plus a further £3-3.5kpw in top up sales. The business operates as a traditional local Newsagents with Off-Licence and General Convenience Store. An extensive inventory of equipment, fixtures and fittings is owned by the business and included in the sale. The business is run by the owner with 3 part time staff. The weekly new is circa £800 per week, with counter sales and some morning rounds. The owners have built excellent customer relationships over the years through a friendly and professional service. A nearby school provides good repeat business.
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GENERAL INFORMATION | Property: Freehold
Location
The shop occupies a prominent position in a sought after residential area of Tamworth. There is good parking to the front, which forms part of the freehold sale. The main retail area of circa 54m2 (580sf), is well presented throughout with quality fixtures and fittings. The retail area is fitted with an air-conditioner. To the rear of the shop is a further 24m2 (258sf) of storage and staff facilities. Outside the property has well maintained family gardens and a large brick built garage, accessed via a drive way to the side. The first floor of the premises comprises a good sized 2 double bedroom flat, with lounge/diner, fully fitted kitchen and family bathroom. The flat is in excellent décor throughout, well maintained, recently re-wired and double glazing throughout.
Competition / Market
No direct competition
Reasons for selling
Other business interests
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
