 | Unopposed Lock-up Licenced Newsagents South Wales, United Kingdom Advert ref: NL.0.110.W Business description
An expanding newsagents (WNB £2,400 PW), the only newspaper deliverer in the Swansea Valley, on the high street of this densely populated town in the Swansea Valley. The only newsagent in the town.
Years established: 15 years
Employees: Vendor his wife & 3 part time staff
Trading hours: Mon - Sat 5:00-18:00, Sun 5:00- 13:00
Property: Leasehold
Lease terms
An informal lease with a rent payable of £155 per month
NOTE. The freehold is available by separate negotiation for £100,000 including the shop next door & the office above, both the subject of separate leases
Location
The shop occupies the ground floor of a mid-terrace house on the High Street of this town in the Swansea Valley
Expansion potential
Some areas of the Swansea Valley are requesting newspaper deliveries, but at the moment are not being served.
Support & training
As required
Reasons for selling
retirement due to health problems
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| | Financial details Asking price: £80,000
Sales revenue: £600,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £5,000 |
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