Newsagents for sale in Goole

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Ian McGregor (Nov 2013)
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Freehold Price: £330,000 Annual Turnover: £265,200
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Business Description
• Impressive traditional newsagents with a spacious grade II listed family home
• Weekly takings £5,100, news sheet £2,000 (audited GP 26.7%)
• Prime high street trading position, fantastic potential to develop
• Well fitted, delightful 4 bedroom accommodation, garden, garage, present owner 26 years

Impressive traditional newsagents with a spacious Grade II listed family home, prime high street trading position. Weekly takings £5,100, news sheet £2,000 (audited GP 26.7%), fantastic potential to develop, well fitted, delightful 4 bedroom accommodation, garden, garage, present owner 26 years, viewing recommended. 44718

This is a rare and exciting opportunity to purchase an impressive traditional newsagents, located in the desirable East Yorkshire town of Snaith, which lies approximately 6 miles West of Goole.

The Paper Shop occupies a prime trading position on the main high street at the very heart of the bustling town, amongst a selection of local businesses with ample parking facilities and is surrounded by quality residential housing. As you would expect, the area is a hive of activity throughout the day, attracting high levels of regular local and passing trade.

Having been in present ownership since the 1990’s, this well known and heavily relied upon business has forged strong relationships with the local community and therefore boasts an extensive and loyal customer base.

The Paper Shop operates from a highly visible and imposing double fronted grade II listed property, providing a versatile ground floor lock up business accommodation with a delightful family living accommodation.

The retail space is neatly fitted with a good range of fixtures and fitments, creating a bright and welcoming environment.

The business retails a range of newspaper and magazine titles, greetings cards, stationery, confectionery, tobacco products and soft drinks.

The Paper Shop is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for a family unit who have the opportunity to possibly introduce an off licence, convenience lines and an ATM.

These additions would naturally increase the already impressive trading figures, whilst ultimately enhancing the overall profitability.

This first class business opportunity is only now being offered for sale due to semi-retirement and a viewing is highly recommended to avoid disappointment.

Summary. This is an excellent opportunity to purchase a thriving business with a spacious family home, positioned in a sought after area. Only now being offered for sale due to semi-retirement, a viewing is highly recommended to avoid disappointment.
Tenure: Freehold

Listed by: Kings Business Transfer
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