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WELLINGTON NEWSAGENCY AND WELLINGTON OFFICESMART - OPTIONAL FREEHOLD

$530,000 Negotiable

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, Wellington NSW 2820 Australia (Address on request)

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Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia
Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia
Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia
 
$530,000 Negotiable
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General Information No competition, the only two newsagents in the historic township of Wellington, a thriving NSW country town.
Wellington Newsagency and Wellington Officesmart are situated in prime retail positions within the CBD. Servicing the local country district, tourists and travellers. There is future growth potential from two mines proposed for the immediate area.
Opportunity exists to purchase leasehold or freehold, being 3 commercial buildings, one of which is currently leased with long term tenant but has development potential to convert to residential accommodation.
Both shops provide newsagency lines including: Lotteries, magazines, newspapers, cards, stationery and giftlines, toys and music. Wellington Newsagency also acts as an instore bank agency. Both stores are fully computerised with full point-of-sale.
Wellington is an historic country town nestled in a fertile valley at the foot of Mount Arthur on the banks of two rivers and has all the services of a thriving country town with a village atmosphere. Nearby Lake Burrendong offers water sport activities and fishing.
Strong turnover and profit ensure returns exceeding 15% on asking price. Return increases dramatically after adjustments for a normal working couple.
Leasehold for both newsagencies: $530,000 + SAV
FREEHOLD buildings can be purchased separately or together:
Wellington Newsagency - $300,000
Wellington Officesmart Shop - $200,000
54 Maughan Street (currently leased) - $200,000
Motivated Vendors.....all genuine offers considered.
General Features
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Inspections
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Map of Wellington NSW 2820 (Address on request)
  • Shop 2a, 1-5 Station St
    Moorabbin VIC 3189
  • 1300 850 855
No Agent Property
 
 
 
 
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Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia
Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia
Photo of 50-52 Maughan Street, Wellington NSW 2820 Australia