Newsagent Convenience Store For Sale

Business description

The business has been established in the area since circa 1984 and has been under our client’s ownership since 1999. The business serves as a newsagents/convenience store offering a wide range of goods and services including: newspaper and magazine sales with local newsrounds (news sheet circa £4,000pw), confectionery goods, grocery and domestic product lines, alcohol goods, lottery ticket sales, Oyster terminal, Western union money transfer, cheque cashing, and recently introduced Pay Zone terminal. Scope remains to increase trading hours if desired.

Property information

Property:

Leasehold

Living accommodation:

There are also 2 one bedroom flats yielding a rental income of £1900pcm (£22,800pa).

Location:

The business enjoys a prime positioning within a popular and affluent High street in West London. The area attracts high volumes of passing and visiting trade from local and regional residents, local business workers, general passing trade, and tourism trade.

Premises details:

A well presented mid terraced lock up shop unit set within a popular and affluent High street in Chiswick, West London comprising double fronted shop front leading to shop floor with numerous goods displays, service counter with till register, rear kitchenette and WC, storage area, access to basement storage area, rear access leading to courtyard garden area and 3 rear car parking spaces.

Other information

Expansion potential:

• Local and regional advertising/marketing
• Increased trading hours
• Regular product promotions
• Cash machine could be introduced (subject to consent)

Reasons for selling:

Our client is selling the business in order to pursue their other business interests.

Trading hours:

Monday to Saturday 6.00am – 6.00pm
Sunday 6.00am – 5.00pm