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Well Established Newsagents/Off Licence For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£15,000
Sales Revenue:
£468,000
Cash Flow:
Available on request

Business
Please quote reference B06363

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a Leasehold basis) an exceptionally well run and performing, “turn key” newsagents’ / off licence business with an excellent reputation.

The business has only now been placed on the open market as it is our clients desire to leave the industry because of health problems.

Post News Stop has been operating under the careful and meticulous ownership of our client for the last 5 year or so and he has grown the business in this time with turnover and profit at consistent levels.

The business offers a wide range of goods and services, including tobacco and vaping products, confectionery, Stationery, top up cards, Pay Point (approx. £6000 pw), beers wines and spirits, soft drinks along with a variety of magazines and newspapers (weekly news bill is approximately £300).

Reasons to Buy -

A well established business with an enviable reputation and many existing customers
Prime trading position in the centre of town
Little or no competition locally
Ideal owner managed or partnership business
Current owner happy to offer a handover to ensure the continued success
Perfect for a first time business owner
Priced to facilitate a quick sale, the business values much higher.

Hilton Smythe highly recommend early enquiry to avoid disappointment

This great little business is likely to attract considerable interest.

Location
Post News Stop is located in Arnold.

Arnold is a market town in the ceremonial county of Nottinghamshire. It is situated to the northeast of Nottinghams city boundary. At the time of the 2011 census Arnold had a population of 37,768.

Arnold town centre has a diverse range of restaurants and bars and a choice of shops including supermarkets such as Asda, Sainsbury’s and Iceland as well as small independent businesses. There are Aldi and Lidl supermarkets in Daybrook

Post News Stop is ideally located in the centre of town. The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade along with regular custom.

The business is nicely presented and maintained with clear visible signage and distinctive livery.

There are a number of inexpensive public car parks within easy walking distance.

Premises
The business occupies a small but perfectly fitted out cabin type premises with roller shutter security to front, bespoke counter with generous wrapping area, till and card machine, perimeter shelving and bespoke alcohol racking etc.

Tenure
We are advised that the business is being sold on a Leasehold basis, on a monthly rolling lease. The rent is £650 per month.

Hours
The business hours are -

Monday – 8:00am – 5:00pm
Tuesday – 8:00am – 5:00pm
Wednesday – 8:00am – 5:00pm
Thursday – 8:00am – 5:00pm
Friday – 8:00am – 5:00pm
Saturday – 8:00am – 5:00pm
Sunday – 9:00am – 4:00pm

Staff
We are advised that the business is owner run and managed, with the help of 1 full-time staff member.

Financial Profile
We are advised that the business has generated a turnover in the region of £468,000. Full financials can be made available upon further request.

Please quote reference B06363

Property Information

Property:

Leasehold

Contact Hilton Smythe

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