Newsagents for sale in Tredegar

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Ian McGregor (Nov 2013)
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Freehold Price: £160,000 Price Reduced Annual Turnover: £205,400
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Business Description
• Lucrative & heavily relied upon post office and newsagents
• WT £3,950, post office salary £29,000 per annum
• Main road monopoly position, densely populated residential areas
• Well fitted, large one bed accommodation, owner retiring, viewing highly recommended

Lucrative newsagents & post office, main road monopoly position, densely populated area, Tredegar, Newport - Weekly Takings £3,950, Post Office Salary £29,000 per annum, well fitted throughout, Large one bed accommodation, owner retiring, viewing highly recommended. Freehold ref 44168


This is a rare opportunity to purchase a post office and newsagents, which occupies a trading location in the popular area of Tredegar. Newport, South Wales. The business is located within a densely populated residential area. As you would expect, the area is a hive of activity throughout the day with high levels of footfall, generating high levels of both regular local and passing trade.

This well-known and heavily relied upon business has served the locality for over 27 years and during that time has forged strong relationships within the community, boasting an extensive and loyal customer base.

The business is fitted to a high standard with excellent quality fixtures and fittings.

The business retails an extensive range of newspaper and magazine titles, confectionary, tobacco products, soft drinks, greeting cards and stationary as well as also offering a host of post office services.

The business offers genuine scope for growth and would therefore prove to be an ideal proposition for an ambitious and energetic family unit, who can extend the retail stock lines and the opening hours, with potential to keep additional staffing levels to a minimum.

This would naturally increase the weekly sales, whilst reducing the overheads therefore maximising overall profitability.

This first class business is only now being offered for sale due to retirement and viewing is highly recommended to avoid disappointment.
Tenure: Freehold

Listed by: Kings Business Transfer
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