Newsagent & Main Post Office in West Midlands

  • £70,000
Birmingham, West Midlands, England
Newsagent & Main Post Office in West Midlands
Birmingham, West Midlands, England
  • £70,000

Overview

  • Business, Retail Businesses, Newsagents,Newsagents, Post Offices
  • Property Type

Description

Nationwide are delighted to present to the market COUNTER NEWS, slight CONFECTIONERY with MAIN POST OFFICE. Situated in a parade, residential area, BIRMINGHAM.

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 2,460 sq. ft. area with Amtico tiled floor. Well equipped including modern shelving.4 open plan post office counters plus 2 fortress positions, in addition the retail counter has a post office combination counter.

Staff cloakroom

Turnover : £1,100 p.w. in our opinion offering tremendous potential for further increase in the right hands. Post office income last year in the region of £100,000. We are further advised the gross profit is in the regon of 50%.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

**THE ASSIGNMENT OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE CONFIRM THAT THE LANDLORDS SOLICITORS COSTS ARE TO BE THE RESPONSIBILITY OF A PROSPECTIVE PURCHASER** (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £70,000 (C9430)

www.NationwideBusinesses.co.uk

Details

Updated on January 5, 2025 at 9:47 am
  • Price: £70,000
  • Property Type: Business, Retail Businesses, Newsagents,Newsagents, Post Offices
  • Tagline: Newsagents, Post Offices

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