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Asking Price
£50,000
Description
This is a very well established and popular newsagents.
In the careful ownership of the current vendors for the last 19 years, it is now reluctantly offered for sale due to the imminent retirement plans.
The vendors own the freehold of the property and has carefully separated the living accommodation and the retail premises, to generate a further rental income.
This is a very popular newsagent with a high concentration of magazines. The majority of newspaper sales are counter trade with the addition of 1 morning, 1 evening and 1 Sunday round offered.
Further sales are generated through sales of confectionery, cigarettes, greetings card, stationery, general household goods, groceries and fresh sandwiches.
There is also a high demand for phone top ups and international phone cars due to the large student population nearby.
Although this business is offered as a lock up premises, there is a spacious 2 bed living accommodation above the premises, which is available to let by separate negotiation.
The vendors, a husband and wife team currently staffs the business.
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