W/T £5000, Projected PO Sal £15,000
News Bill £1,600 PW
Low rent £93pw until 2020
Strong GP Of Approx 28%
EPC - D
Brookfield News is a traditional newsagents located in the sought-after village of Branston on the outskirts of Lincoln.
Brookfield News has been trading in the area for many, many years and the current owner has operated the business since 2011. The immediate area is residential with the exception of a small parade of shops on Linden Parade, of which this business is part. Many of the people in this pleasant area are retired and very much value the services of this traditional CTN.
Offering both counter and traditional newspaper rounds, the business has a steady flow of newspaper traffic which acts as the foundation for the entire business. The business is only being offered for sale due to the current owners' other business interests and therefore this has provided an exceptional opportunity for a new, enthusiastic owner to enjoy all the benefits of this well-established business.
Externally, the business has a superb appearance, being the end unit in a parade of 4 purpose-built units. It is ideally located to enjoy the heavy footfall that its' location provides.
This compact shop offers enough space to display traditional newsagency items plus a greetings cards section and it also carries some convenience lines. The current owner has kept the basic stock of the shop to its traditional fundamentals, therefore leaving a lot of scope for a new owner to enjoy. With the possibility, subject to planning, of expanding the sales area and the exciting proposition of increasing the product lines, the business offers a wealth of scope for an enthusiastic new owner.
Brookfield News is a traditional newsagents operating from a sought-after village location and therefore early viewings are required as a speedy completion is anticipated.Fixtures:
Counter, till, confectionery stand, magazine stand.
Saturday - 07:00 to 17:00
Sunday - 08:00 to 12:00
Accommodation Details: Entrance, sales and area, counter, storage.
Location Details: Branston
Leasehold Term: Rent: £93 Per Week
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