Intelligent Business Transfer are excited to offer to the market a landmark newsagent called upon by local patrons regularly, often a number of times a week, even daily.
Established at the turn of the 19th century, this newsagent is as much a part of this town’s history as its celebrated mining industry. Consequently, without conscious thought, villagers as well as other retailers of confectionary, tobacco and magazines, buy goods from this business, spending roughly £10 per visit.
Being the only newsstand in the area, and with such a long-established standing, buyers have many opportunities to increase revenues including: extending business hours to catch evening and night time demand; establishing a marketing budget for local advertising and promotions, including building a website. The business also offers an additional floor that is currently unused with several empty rooms. This could be used to stock additional items, or, perhaps, full converted to nicely sized owners’ accommodations or bedsits.
With the current owners seeking retirement and without other family members to take over, this is an excellent first time buyer opportunity, a first rung on the freehold ladder, or a comfortable option for a lifestyle / relocation buyer. The owners have retained Intelligent Business Transfer to find such a buyer and will stay on for a TBD timeframe to help with transition.
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