Virtual Freehold Newsagent Taking Nearly £10,000 Per Week

Price:

Leasehold - £190,000

Turnover:

Seller Ref:

1252DE

Location:

Derbyshire

Business Type:

Retail businesses

See Other:

Newsagents for sale in Derbyshire
Retail businesses for sale in Derbyshire

Description:

THE BUSINESS:

HISTORY

• Newsagent on or close to site many years since the estate was built
• Acquired by vendors 17 years ago with considerable build up in trade seen during tenure
• Equipped and maintained to high industry standards
• Product mix and blend varied in line with consumer tastes
• Lottery sales introduced
• Loyal repeat customer base established
• A site very much associated with the trade

REASON FOR SALE

• Retirement

PRODUCTS

• Traditional extensive range of newspapers and magazines
• Non alcoholic beverages
• Groceries
• Flowers & plants
• Snacks
• Confectionery
• Cigarettes
• Giftware
• Greetings cards
• Phonecards
• Stamps

SERVICES

• National Lottery
• PayPoint
• Photocopying
• Newspaper deliveries (9 morning, 5 evening and 12 Sunday rounds)

CUSTOMERS

• High level of walk in trade
• Mainly drawn from housing estate
• Local population very much associate the site with trade

SUPPLIERS

• Goods sourced locally from traditional trade wholesalers and suppliers

PREMISES

• A traditional lock up retail unit
• Racking and shelving appropriate to trade
• Sales counter
• Rear store with kitchen and WC
• Lock up garage
• Cigarette gondola
• Alarmed
• CCTV
• Roller shutters

STRENGTHS

• Superb estate location
• High footfall
• Demonstrable weekly takings of £9,500
• Lottery and PayPoint already in place
• Limited competition in the immediate vicinity
• Significant volumes of trade already built up with high repeat rates and established delivery rounds
• Lock up facility

SCOPE

• Introduction of additional products and services
• Focus on business development activity
• Refurbishment of premises
• Additional opening possible in the evening and on Sundays
• Additional newspaper deliveries

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Prominently sited newsagent in busy parade with large housing estate • Significant footfall with complementary businesses close by attracting additional custom • Close to a large Derbyshire conurbation • Ample unrestricted parking available

Trading Hours:

• 5 AM to 6 PM Monday to Saturday • 5 AM to 1 PM Sunday