Newsagency - Lotto - Retail - Newsagency And Post Point - Lotto - City Fringe - Est. 40 Years

Newsagency - Lotto - Retail - City Fringe - Agent SBX Code Number: SFD1056

Newsagency & Post Point - Fitted with a new counter and a licensed post office (Post Point Agency) - Also selling drinks, cigarette, stationery, cards, magazines. - NTN parcel pick up point - Air conditioned with a new system - 4 security cameras, Computerised POS system with 2 cash terminals.- Lotto sales 500K plus per annum - New university campus across from the shop and surrounded with other businesses and hospitality.

Potential
Increase the post office side of the business - Could add other products and gifts to increase sales - Could sell more office supplies to the nearby offices - Open longer hours.

Features
Great location - Good rent - No competition - Nothing to spend. - Established over 40 years. - New air conditioner .

Premises
Well presented retail shop with good size storeroom and office and an area of 100 sq. mts.

Location
Very busy street near bus, tram and train interchange and close to a large college and other commercial offices in City Fringe.

Trading Hours
5.5 days, Monday to Friday 6.30 am to 5.00 pm. Saturday 7.00 am to 12 pm

Lease
Current lease expires 28 February 2029 + 5 year option - CPI increases - Currently only 1 month bond. - A longer lease can be negotiated.

Employees
1 owner

Comments
Misc. 1 - Other general expenses. - Loads of potential for a new operator or a couple. - The owner of this business has not utilised the licensed post office side of the business and believes there is lots of potential in this area. Priced to sell. All interested buyers must arrange a meeting with the vendor through their SBX broker. A must to inspect but please be discreet.

Agent SBX Code Number: SFD1056 - Sydney Business Exchange