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Newsagents & Off Licence For Sale

 
High Heaton, Newcastle., Tyne and Wear, United Kingdom
 
Advert ref: OL209NE
  
Business description
Lakey & Co are delighted to offer For Sale this Newsagents and Off License situated in High Heaton close to the Coast Road. Currently taking £4,500 per week the business occupies premises held on a secure lease with low overheads. There is scope to increase turnover further by extending the opening hours.

Property: Leasehold

Lease terms
Leasehold - £5,400 per annum

Location
Busy main road in residential area with ample on street parking.

 
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Financial details

 
Asking price: £59,950
Sales revenue: £234,000
Net profit: < £100k
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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