Business for Sale in Morpeth, Northumberland - New Price - Thriving Newsagent and Off Licence in Morpeth with 2 Bedroom Apartment - Leasehold: £85,000

Key Information

Retail Businesses: Newsagents
England: Northumberland
For Sale
Annual Sales
£380,000 Ex Vat
Weekly Sales
£7,300 Ex Vat
2 Bedrooms
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Call us on 01423 502121

Coming to market for the first time in 15 years, EM&F are delighted to offer this thriving Newsagents and Off Licence for sale. The leasehold business is situated in the sought-after Northumberland town of Morpeth, and includes an attractive two bedroomed first floor apartment providing either Owners' accommodation or an additional income stream if sub-let. Turning over more than £375,000 per annum, and with Adjusted Net Profit for a couple operating the business full time of more than £47,000, the business still has potential for substantial further growth in the Off Licence trade.The business now enjoys a local monopoly following the closure in Spring 2019 of it's only competitor. This has resulted in increased weekly turnover and footfall, and the stocking of a wider range of foodstuffs and alcohol. At just £85,000 plus Stock at Value this opportunity is sure to attract a great deal of interest and an early viewing is strongly recommended. NB Viewings and negotiation strictly through Everett Masson & Furby ( Tel: 01423 502121 / e-mail: ).

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02