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Asking Price
£49,995
Description
This is a busines, situated in a prominent position in the heart of a well respected Birmingham suburb, this newsagent and convenience store takes £4-5,000 per week at an average GPM of over 20%. The National Lottery takes an additional £1,700 per week with Payzone and Western Union to supplement this which provide good commissions. The business retails news with one morning round and an average weekly news bill of circa £700, together with general convenience items from a traditional local store. There is considerable development directly opposite the store which will provide for a large commercial park which will bring in considerable new business to the area. This should be completed in 2009 and can only have a positive effect on the level of business.
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