 | Birmingham City Centre News Kiosk For Sale Birmingham, West Midlands, United Kingdom Advert ref: TRB.1367 FINANCIAL DETAILS | Asking price: £190,000 Sales revenue: £1,000,000 Net profit: £65,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership Birmingham are pleased to offer for sale this city centre news kiosk as follows:-
* Prime Location, City Shopping Centre
* News, Tobacco, Confectionary, Drinks
* Taking £20k Per Week (Counter & E-Top Up) plus Commissions
* Excellent Parking & Loading Facilities plus Security from the Centre
* Adjusted Net Profit circa £65kpa
* Rent Payable £27,600 incl of VAT
* Genuine Reason for Sale
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GENERAL INFORMATION | Property: Leasehold
Lease terms
We are advised that the premises are held on a secure lease, with approximately 9 years remaining at outgoing rent payable of £6,900 per quarter, inclusive of VAT.
Location
A kiosk of approximately 16m2 in a prime location on one of the main entrances into the shopping centre. The centre provides excellent parking and loading facilities to the basement for the owner together with full security and general cleaning services.
Competition / Market
No immediate competition
Reasons for selling
Family commitments
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
