FOR SALE
BUSINESS FOR SALE $59,000 plus SAV

47 Kendal Street
Cowra NSW 2794

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 250m2
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Established Business Opportunity - Motivated Vendors

Raine and Horne Cowra is pleased to offer this well known main street business for sale where the owners have decided it is time to sell and are happy to discuss various options with any prospective purchasers.
Cowra Newsagents has been owned and operated by the Vidulich family for over 35 years. A busy retail business with loyal customers offering a wide range of goods and services including newspapers, magazines, cards, stationary and confectionary etc. Turnover of more than $820,000 includes Lotto, Powerball and NSW Lotteries Agency. The business is also part of the Ancol purchasing group.
There are two fulltime employees and one casual staff operating the business seven days a week. The owners would be pleased to assist purchasers for a smooth transition.
The leased three storey premises has a retail shop front, three bedrooms and living areas. There is a 3 x 3 x 3 lease in place over this prime retails space.
This business and on-site accommodation is an ideal family operation. Well established clients in a lovely country town and a strong growth potential.
Please note: Advertising is for the newsagency business, not the premises.

Property Details for 47 Kendal St, Cowra

Building Type
Commercial
Floor Size
250m2

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About Cowra 2794

The size of Cowra is approximately 893.4 square kilometres. It has 32 parks covering nearly 2% of total area. The population of Cowra in 2011 was 9,730 people. By 2016 the population was 10,057 showing a population growth of 3.4% in the area during that time. The predominant age group in Cowra is 60-69 years. Households in Cowra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowra work in a labourer occupation. In 2011, 67.1% of the homes in Cowra were owner-occupied compared with 66.8% in 2016.

Cowra has 5,967 properties.

    There are currently 52 properties listed for sale, and 8 properties listed for rent in Cowra on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Cowra.

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