Newsagency, Wagga Wagga, NSW. Ref: W. 657

Active

Description

2020 has been an even better year for this newsagency

Situated in the suburb of Glenfield Park (population over 6000) this newsagency was part of the opening of the new shopping centre in 2004 & has experienced strong growth ever since. South City has 15 specialty shops with Coles the major tenant (their largest store in Wagga), Brumby’s, Liquor store, Pharmacy, The Reject Shop, Butcher & The Coffee Club.

Nearby facilities are an Aldi supermarket, medical, pathology & child care centres. Customer car parking for 420 cars

The newsagency is part of a stationery buying group, an excellent NSW Lotteries agency (commissions expected to be over $230,000 this year) with good shop sales of traditional lines including gifts & greeting cards. Takings approaching $16,000 per week.New lease signed October 2019 SOLD

 

Rent: $110,430 p.a. Inc GST & outgoings.

For Sale: $195,000 + est. stock $60,000 SOLD

Shop area 127 m2

Trading hours 6am – 6pm Monday to Friday (7pm Thursday), 6am – 5pm Saturday & 7am – 4 pm Sunday

All information contained in this website has been supplied to us by the vendors for the use of intending purchasers, and has not been verified by this office. Potential purchasers should therefore make their own enquiries, and seek professional advice. Since prices for businesses can vary, the latest information should always be sought.All inspections must be arranged via our office.

Details

Price:$195,000 + stock
Address:1-7 Tanda Place
City:Wagga Wagga
State:NSW
Zip Code:2650

Listing Inquiry