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Profitable Newsagents in Co. Durham For Sale

 
Stanley, Durham, United Kingdom
 
Advert ref: CTN217NE
  
Business description
Lakey & Co are delighted to offer For Sale this busy Newsagents located in Stanley Bus Station. The business benefits from a high level of pedestrian footfall as well as a direct link to the town centre. Currently taking around £5,500 per week with low overheads this is a perfect opportunity for working owners to make a very good living.

Trading hours: Monday-Saturday: 6.00am-5.00pm
Property: Leasehold

Lease terms
The premises are leasehold with a current rental of £2496 per year. The business rates payable are £400 per year.

Location
This newsagent business benefits from a prime location and high footfall within Stanley Bus Station.

Competition / Market
The business benefits from a monopoly position within Stanley Bus Station with high levels of footfall and passing trade.

Reasons for selling
The business is being sold for family reasons.

Financing available
This business opportunity should support finance-subject to status. Please contact Lakey & Co who can put you in touch with impartial and independent commercial finance brokers.

 
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Financial details

 
Asking price: £82,500
Sales revenue: £256,000
Net profit: < £100k
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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