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Newsagent, Stationers and Copy Shop in Shropshire

Price:
Freehold - £650,000
Turnover:
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Seller Ref:
2117
Location:

Shropshire , Oswestry

Business Type:

Retail businesses

See Other:
Newsagents for sale in Shropshire
Office shops for sale in Shropshire
Office suppliers for sale in Shropshire
Retail businesses for sale in Shropshire
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular newsagent, stationers and copy shop, which was established by our clients in 1994. The business is only now offered to the market due to our clients' wish to retire. The large property boasts substantial sales areas along with 2 upper floors, which are currently used as storage and offer huge potential for conversion into living accommodation, suitable for letting out or for use by the owners. Having been recently refurbished, the sales area has new ceilings and flooring and there are new external signs. The business generates a turnover in the region of £780,000 per annum with a gross profit of 28%, derived mainly from counter newspaper sales, print and copier services and general stationery supplies. Pay Point and Pay Zone facilities are also available. Our clients have developed an enviable reputation in the town and benefit from much repeat trade. The business has a quality web site in place with information on available services, location and contact details. This could be further improved with the addition on an on-line ordering facility and details of available personalised stationery, in particular wedding stationery designs. We feel the turnover could be further improved by offering Lotto facilities and introducing a newspaper delivery service. The new owner could convert the first and second floors to living accommodation, if desired. This is a good opportunity to acquire a well-established business in a busy town centre location. Early viewing and discussions with Preferred Commercial must come highly recommended.
Location Details:
Lawrence Direct occupies the ground floor within substantial 3-storey premises in the town centre of Oswestry, Shropshire. Surrounded by a wealth of town centre amenities, the business benefits from a high daily footfall and is close to the local car parks. The premises enjoy easy access to the town centre road system and the A5 is just over 1 mile away. Oswestry is a popular and affluent town with many residential areas and a traditional market held every week. The large town of Shrewsbury is approximately 16 miles to the south east, with Telford and junction 7 of the M54 a further 13 miles away. Chester, the M53 and the M54 are approximately 28 miles to the north.
Trading Hours:
Mon - Fri:8.00am to 5.30pm Sat:8.00am to 5.00pm Sun:Closed
Accommodation:
3-storey, mid parade retail premises with air conditioning, in a town centre location. Briefly comprising: Ground Floor • Sales area fitted to suit trade • Serving counter with cigarette gantry to rear, • Copy centre with electronic cash register, digital colour copier, 2 x mono copiers, speed print machine, laminator, fax machine and binding machine • Store room • Kitchenette • WC First Floor • Office • Kitchen • Bathroom • WC • 4 x storage rooms Second Floor • 3 x large rooms, currently unused External • Glazed frontage onto main street
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Business Documents:
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