Newsagents & General Stores In Devon For Sale

Business description

This is a successful newsagents for sale within the very heart of this picturesque and unspoilt town with one of the largest cattle markets in the West Country.

The newsagent business is for sale with the benefit of a new 12 year lease with a rent of £10,000 pax

The town had a dated character public house and coaching inn which has recently been rebuilt and re-opened, this being a major staging post and now a base from where visitors into the area can explore some of the beautiful, unspoilt areas of the United Kingdom.

This is a small community with many amenities close to hand for the residents such as a primary school and recently built town hall and sports facility. The church is centrally placed, and on the edge of the town is a garage/filling station.

The shop has an excellent display frontage. The owners have retained and developed the business over the last eight years and the news agency aspect does have a delivery round. From the early part of next year the newspaper delivery costs are being increased. The delivery aspect is a chore part of the overall business, which also supplies other outlets. The local residents retain their contact and engage in topical conversation with the part time students who assist from time to time, the students being from local families.

Opening Hours
Seven days a week - 6.00am - 6.00pm. Less if paper round was ceased.
Sunday 7.00am to 1.00pm.


The retail shop is well appointed with ample wall display shelving, central display unit, upright freezers, serving counter and till.

Off the main retail area is a staff restroom with a toilet and an office and one large external store room as shown on the plan.

The accounts are available to applicants who inspect.
With the retail area being segregated from the remainder of the property, utility costs will be different than those recorded on previous trading accounts. The business is being offered on a new commercial lease.


There may be certain minor adjustments to the previous trading figures which will need consideration bearing in mind the Landlord and Tenant lease which will incorporate a contribution towards the insurance. The lease will be on an internal repairing and insuring basis, the shop front and all timber windows and doors.

Prospective purchasers may seek verification by their own accountants of the amendments to the expenses from the vendor's accountants, whose name will be provided.

The turnover for 2009 £258,286. 2010 £269,206. Gross profit £60,000 approximately.

A new Landlord and Tenant Act lease is available for twelve years with four yearly rent reviews. The commencing rent being £10,000 p.a. exclusive of business rates, which will need re-assessment, and other outgoings, electricity etc.

Side pedestrian access for deliveries to the store rooms.

Property information

Property:

Leasehold