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.
Full sales details available at www.emfgroup.com
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