Freehold Newsagent For Sale

Business description

Advent Business Sales is pleased to offer to the market this extremely well established newsagent.

It is the only newsagents within the area.

The current owner has been running the business very successfully for the last 28 years, but now feels that he is ready to retire.

The business has 3 ‘am’, 4 ‘pm’ and 3 Sunday rounds and retails the normal traditional lines including:
• Cigarettes and tobacco
• Newspapers and a huge selection of magazines
• Crisps, snacks and confectionery
• Soft drinks
• Large range of greeting cards
• Stationery and wrapping paper
• Some selective toys

Other services include Payzone top up’s.
We are advised that the value of stock is approximately £11,000.

We are informed that the building has been recently re-roofed and re-wired.

This is an ideal family business, which could also provide living accommodation.

It has provided its present owner with a decent living for many years and could go further with a younger person in charge.

Payzone amounts to approx £3,000 pw.

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Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £350 (small business relief)

The business has been placed on the market at realistic asking price in order to generate a swift purchase.

Living accommodation:

The shop is double fronted with the door centrally placed. One side of the shop is magazines and newspapers and a cold drinks fridge. Some sweets are also on display closer to the rear counter. The other side of the shop has a large display of greeting cards and a second cold drinks fridge. Again towards the counter are further offers of sweets and snacks. Behind the counter is a tobacco gantry and a doorway to the rear room where it serves as a kitchen/rest room. A side door is placed to gain access to the back yard area, which contains a very large secure lock up store. The back drive way to the road is shared but also security gated on a last out ‘lock up’ basis. First Floor 1 Two rooms which have been re-plastered and decorated to a high standard. Opportunity is available to double storey the rear of the shop to extend this upstairs facility, thereby making a good if not compact living quarter.

Location:

The Business is located in the heart of a totally residential area in a thriving mid Staffordshire town. It is on a main road, which gives it a high degree of visibility, has a high footfall and is surrounded by other complimentary shops.

There is ample free parking on the surrounding side streets and the shop is on a bus route.

Other information

Expansion potential:

It is felt that the takings could be dramatically increased by offering a small selection of beers/wines and spirits, as well as refrigerated pre packed sandwiches and snacks.

Trading hours:

Mon – Sat: 5am – 6pm, Sun: 5am – 12pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars