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High Street Newsagent & Card Shop

location, pin, telephone iconChester-le-Street, Durham

Leasehold Price : £55,000 or Offers

Business Description

A very well established newsagent and card shop with a loyal customer base on a central high street location in Chester-le-Street . The business has a good sized shop floor area of 1,200 sq/ft and lends itself to good potential for increasing sales through the introduction of convenience and off license goods. There is 10 years remaining on the lease with the option to extend. Lottery comissions are in excess of £2,000 a month. The business is up for sale due to personal circumstances.

Sales Details

Tenure : Leasehold

Price : £55,000

Sector : Newsagents & Card Shops

Location : Chester-le-Street, Durham

Opening : Mon-Fri 7:30-5:30pm Sat 8-5:30pm Sunday Closed

Financial Information

Gross Annual Turnover : £586,141

Average Weekly Turnover : £11,271

Annual Net Profit : Available on request

Annual Rent : £21,750

Council Rates : £8,509

Key Features

•  Option to increase salesintroduce Convenience & Off License

•  Renewable Lease

•  Good Position in Town

•  Open Plan Trading Area

•  Accounts Available

Advert Reference

 •  Status : FOR SALE

•  Advert ID : 5682

•  Reference : wilsons-chester-le-street

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