Newsagent and Off Licence For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and busy operation with excellent further potential.

Very long established and in the hands of the current owners for over a year, it is now reluctantly offered for sale due to the vendors other commitments.

The business offers a range normally associated with a shop of this size including:

. Counter news
. Cigarettes
. Greetings cards
. A range of convenience goods

In addition to this, there is a large alcohol sales section, an ATM machine and a healthy packed sandwich sales business.

Currently staffed solely by family members, the business has been refitted during the current ownership but still offers excellent potential for further retail sales, shelving and racking to increase further.

Payzone further adds to the level of footfall into the premises within this densely populated residential area and here is also a healthy newspaper business including 6 morning delivery rounds, 6 evening delivery rounds and 8 Sunday delivery rounds.
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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 10 years
Remaining lease: 9 years
Review every: 4 years
Rent: £7,200 per annum

We are advised that the annual business rates are currently: £800

Living accommodation:

BUSINESS PREMISES A spacious double fronted ground floor lock up premises with the added security of alarm system and CCTV and consisting of the following: Ground Floor . Double frontage with entrance door to main sales area with serving counter adjacent . 3 main aisles plus racking to all walls with chillers . Doorway leading to storage area x 2 . Office . W/c & showerExternal . display/parking area to front of premises . parking for 3 – 4 cars . on street parking to side of premises

Location:

The business is ideally located on a main road within a densely populated residential area. This main road leads into an industrial area with major employers including Boots plc and Siemens. This ensures very high levels of passing traffic and footfall plus a high lunch time trade.

Business Operation

Expansion potential:

Whilst sales have been greatly increased by the refit undertaken by the current owners, there is still excellent potential for further growth with potential to further increase the range of goods held within the premises.

Trading hours:

Mon – Sun: 5.30am – 9.00pm

Other information

Website:

Please click here to view the link

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