Current 5 years lease expires on March, 2018 + 5 years option.- C.P.I. rent increases per year.
One owner + one casual.
About the Business
Newsagency - Retail - Inner West
SBX Code: FS1088 Newsagency selling a selection of lotteries, magazines, newspapers, greeting cards, drinks, confectionery, cigarettes, opal cards, flowers, and many other stationery items. - Lotto income is approx. $450,000 per annum. - Weekly sales include approx. $9,000 of lotto sales + $ 1,400 newspaper + $400 magazines + $6500 cards, cigarettes etc.
Potential Great opportunity for experienced operator - Could increase stationery and cards.
Features Great position. - Well established - Large shop with reasonable rent.
Premises This business has an area of 175 sq. mts with storage room at the back.
Location Street front location in busy shopping strip in Inner West suburb.