Newsagency For Sale

Business description

Morningside central news is a very sound business. This has come form many years of trading in this area. The position of the centre is perfect to pick up passing trade, locals in the immediate area and those of a 4-5 kilometer radius.

The business is showing signs of growth and change. There is no department store close by allowing for gifts and stationary lines to be expanded and promoted. The standard lines such as Golden Casket, News papers and Magazines bring in the numbers the rest is up to you.

Property information

Lease terms:

Lease Term – 5 years from October 2004. Options 5 x 5
Last day of the existing term: 2009
Current rent: $5,634.72 pcm + GST
Current outgoings: $952.61 + GST
Dates of remaining rent review:
Option period: 2 x 5 years

Location:

The position of the Centre in which the Business is located is perfectly placed to attract passing trade, locals in the immediate area and those within a 4-5km radius.
The Business is showing signs of growth and change. There is no Department store within close proximity allowing for gift and stationary lines to be expanded and promoted.

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