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Western Sydney Newsagency - Unlimited Potential, Very Low Rent and Secure Lease to 2031

Sydney Region, NSW, ID 157822

Western Sydney Newsagency - Unlimited Potential, Very Low Rent and Secure Lease to 2031 1
Western Sydney Newsagency - Unlimited Potential, Very Low Rent and Secure Lease to 2031 1
Asking price:
AUD$229 000
Owner
Owner's representative

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Description

Business type: newsagency and convenience retail

Location: Western Sydney

Area: Blacktown LGA

Trading history: more than 30 years

Financial profile

Annual lottery commission: approximately $100,000

Annual rent: approximately $36,000

Weekly rent: approximately $685

Rear car space income: approximately $150 per week

Products and services

Lottery sales: established

Greeting cards: established

Magazines: established

Stationery: established

Convenience products: established

Premises

Retail area: approximately 100m²

Storeroom: included

Office area: included

Rear driveway access: available

Secure rear car space: included

Refurbishment requirement: none stated

Lease

Lease expiry: March 2031

Product restrictions from landlord: none stated

Operations

Weekend trading: currently limited

Operating hours: flexible

Customer traffic: established

Growth

  • Expand gift range
  • Add coffee and confectionery
  • Increase convenience products
  • Add educational products
  • Introduce additional services
  • Install an ATM
  • Use available space for extra income

Details

Real Estate: Lease
Square m2: 100
Asking price: 229 000 aud
Rent (per year): 36 000 aud

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