• Weekly retail takings approximately £5,500
• Densely populated and affluent residential area
• Viewing highly recommended
Traditional newsagents situated in a densely populated Essex/London suburb within 300 yards of Zone 4 Central Line London Underground Station. Loyal and regular customer base. ATM. Town centre location. Genuine potential to increase income. UPS & DPD drop off and collection point. Offered for sale due to other business commitments. Leasehold Ref 44359
Well used and well established newsagents situated in Woodford Green, South Essex / London boarders and located within 300 yards of Woodford Underground Station, which is in Zone 4 of the Central Line. The surrounding area has a good level of footfall throughout the day due to the library, town centre and schools which are all close by.
The business has been owned by the same family since 2000, but we have been advised the business has been successfully trading from the same spot for over 40 years. Under the current ownership, JK News has forged strong links with the local community and boasts an extensive and loyal customer base, along with heavy footfall on a daily bases given the location.
JK News trades from a prominent location within a mixed use building, with residential flats above the retail units which comprise of other independent operators such as a café and pharmacy along with national retailers.
The surrounding area is a densely populated residential area and in our opinion this store represents an excellent opportunity to acquire a lifestyle business, with genuine potential to increase income with the addition services such as Lotto, a combi post office till, Bake ‘n Bite and a coffee machine due to the level of commuters using the store each day.
Summary. An ideal opportunity for a first time buyer or existing operator to acquire this well established and well located traditional newsagents, with regular and loyal customer base along with genuine potential to expand the stock lines and increase income along with the overall profitability.
A viewing is highly recommended to fully appreciate the business opportunity and location in general.
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