Situated in the bustling town of Llanidloes
High amount of regular & repeat trade
Early viewing highly recommended
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this superb newsagent which has been established for over 40 years and has been in the careful hands of our clients for the last 20 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have continually developed and improved the newsagents, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that they generate a respectable annual turnover which is derived from the sale of newspapers/magazines, general store items, lottery, food products, greeting cards and much more. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. The business has for 3 years been ranked in the top 100 retailers list in the UK & Ireland, following assessments by the Independent Achievers Academy and in 2013 became a runner-up in their ‘Service to the Community’ awards.
Monday – Thursday: 5:30am – 5:30pm Friday – Saturday: 5:30am – 6:00pm Sunday: 6:00am – 2:00pm
Large glass fronted and well signed store, briefly comprising: GROUND FLOOR Secure entrance leading to: Open plan store Display islands Ample racking and shelving displays Product display lanes Drinks chiller Magazine/newspaper rack Serving/payment counter Lottery terminal Cigarette gantry Rear area: Office with computer systems etc Toilet facilities Storage room Access to cellar used as storage EXTERNAL Rear area with parking
The newsagent is located in the beautiful town of Llanidloes, Powys which was compiled by the Royal Mail to be in the top three most desirable places to live in Wales . The property stands proud on a high street and is highly visible to all who pass through the area. The neighbouring road is used as the town’s main throughway and sees a healthy amount of passing motorists and visitors on a daily basis. Llanidloes is popular with hikers who walk on the scenic footpaths surrounding the town, including Glyndwr's Way, which in conjunction with the Offa's Dyke path which forms a 160-mile circuit around Mid-Wales and local passage over the spine of the Cambrian Mountains. The town offers a wealth of history with timber framed buildings and charming walkways which have been enjoyed and visited for 100s of years. The town also benefits from being only two hour’s drive from Liverpool, Manchester, Birmingham, Bristol and Cardiff, with the national rail network running close by. Llanidloes is well known as one of the UK’s most desirable lifestyle change areas and offers a wonderful quality of life.
Leasehold Term: We are advised leasehold Lease to be negotiated
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