Newsagents for sale in Kent

View the "NEWSAGENTS IN ATTRACTIVE TOWN-CENTRE LOCATION (SOLD)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £25,000 Sale Agreed
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Business Description
The business occupies a prominent position on a very attractive tree-lined parade in the centre of Tunbridge Wells in Kent. This part of the town is a popular destination for tourists and local residents, and is well known for its distinctive Georgian architecture and shops. Events also take place here such as jazz nights, food festivals and farmers markets which all attract additional footfall to the area.

 

This is a very well-established newsagents shop which is currently run by the owner with assistance from two employees, one full-time and one part-time. The business is now reluctantly for sale due to a change in the owner’s personal circumstances. The retail area is well-equipped for the trade having been upgraded two years ago with new shelving and equipment, and there are also good storage facilities.

 

The shop sells newspapers & magazines, confectionery, cigarettes & tobacco, soft drinks, ice creams, greetings cards, gift wrap and a small range of convenience goods. There are also national lottery and payzone facilities. We understand that average takings are in excess of £7,000 per week plus commissions.

 

There would seem to be great potential to introduce an off licence facility and perhaps more fresh produce such as bread and eggs along with a wider range of ‘food-to-go’ products. Installation of a cash machine could bring additional income and footfall, and new owners might also wish to extend the current opening hours. In summary, this is an established business with good potential for further development in an attractive and upmarket location.

 

Ref: T31306Z

Full sales details available at www.emfgroup.com

 

Tenure: Leasehold

Listed by: Everett Masson and Furby
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T31306Z
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