• Weekly retail takings £6,300
• Run under management
• Viewing strongly recommended
Traditional newsagents situated in a densely populated Hertfordshire suburb. Loyal and regular customer base from the local area. Little competition. Run under management. Good profit margins. Retail takings c. £6,300 per week. Offered for sale due to other business commitments. Owners accommodation available above the shop as of September 2016. Leasehold Ref 44437
Well used and well established traditional newsagents situated in Hoddesdon, Hertfordshire, close to a number of primary and secondary schools. The business occupies a prominent corner position within a pedestrian walk thoroughfare.
The business trades from a prominent corner plot position within a mixed use development, with residential flats above the retail units which comprise of other independent operators, such as take away’s and an off licence.
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 the income and stock lines, along with additional services such as Bake ‘n Bite and maybe a coffee machine.
Fairfields News has been owned by the same family since 1991, but we have been advised the business has been successfully trading from the same spot since the early 1970’s. Under the current ownership, Fairfields News has forged strong links with the local community and boasts an extensive and loyal customer base, along with heavy footfall on a daily basis from the surrounding area.
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