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Newsagent's for sale as owner plans retirement; commercial property.

A WELL-established newsagent's on Station Road, Ashington, has been placed on the business property market due to pending retirement.

Also a lottery agent and off-licence, the business is complete with a three bedroom maisonette above. The business is well established and has been in the current ownership since 1987 but is being placed on the market as the vendor wishes to retire.

The property is located within a busy parade of shops due west of the town centre and within a predominantly residential area. There are high levels of captive trade and passing trade is supported by the on street parking.

The ground floor premises are spacious with room for expansion and there is an opportunity for a new owner to increase takings and profit margins.

The business is for sale through RMS Commercial at pounds 295,000 for the goodwill, fixtures, fittings and freehold interest, plus any stock at valuation. Tel: (0191) 212-0000.

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GOOD LOCATION: The newsagent's on Station Road, Ashington is well placed for passing and local trade.
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Title Annotation:Business
Publication:The Journal (Newcastle, England)
Date:Nov 17, 2007
Words:172
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