Business for Sale in Norwich, Norfolk - CHAIN OF NEWSAGENTS - NORWICH CITY, NORFOLK - Leasehold: £197,500

Key Information

Ref
T32797E
Type
Retail Businesses: Newsagents
Location
England: Norfolk
Tenure
Leasehold
Status
Sold
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Location, location, location! This chain of three stores has it in spades. Norwich City is regarded as one of the top ten U.K. shopping and visitor destinations and these three stores cater not only for their needs but the many thousands of workers who pass by each and every day. Well located near the main tourist attractions of the castle and cathedral, all are within a small radius in the city centre making management and delivery logistics simple. These highly profitable stores come to market for the first time.

Offering all the traditional items you would expect as well as lotto and instants these well presented stores will offer the new owner a highly profitable business with scope to grow and add even more value.

THE BUSINESS ITSELF

This excellent city centre business is highly profitable and is ripe for a new owner to exploit further. Run by the vendor, his wife and twelve part time assistants, there is much scope to further increase the profitability of this venture. With a turnover in excess of £1.1 million, net of VAT and lotto sales/commission, the business returns a high G.P for an operation of this nature.

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