Busy Newsagent With Family Accommodation - Birmingham | | Birmingham West Midlands | | Located in a busy and popular South Birmingham suburb this well established business has an advised turnover of around £4,500 per week at a gross margin of 24%. Excellent 3/4 bed accom included. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 13912
ADVERT IMPRESSIONS : 9,189 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £55000 | ANNUAL RENT: | £7,500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business which trades as a typical newsagent derives trade from both a large residential population, local businesses and nearby factory workers.
The business premises are located on the ground floor of the building and consist of a glazed single fronted shop with retail area of approximately 208sq ft which is well presented and equipped. Private accommodation on the ground and upper 2 floors consists briefly of lounge, breakfast kitchen, utility room, 3/4 bedrooms and bathroom.
Trading hours are Monday to Saturday 5.30am - 7.00pm Sunday 5.30am - 2.00pm and the business is run by the family.
We are informed that there are approximately 7 years remaining on the current lease with 3 yearly rent reviews, the latest review has just taken place and the rent set at £7,500. We are informed that the lease falls under the Landlord & Tenants Act and can be renewed for upto a period of 25 years. | | | | | | FOR SALE | | | | | REFERENCE: | WM009102 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
