Veritas Business Sales are privileged to offer to the market this respected Newsagents which is located in Royal Leamington Spa. The property is a grade II listed building and the business within dates back to circa 1970 and has been in the careful hands of our clients for the past 30 years. Reluctantly the business is being offered for sale so that they can enjoy a well deserved retirement. During ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Next Stop is owner operated and employs the help of 1 part time member of staff and has an average weekly turnover of £4,000 with a GP of (25%). They retail confectionery, groceries, stationary, newspapers, magazines, greeting cards, tobacco products, sandwiches, bake-off products, beers, wines, spirits, soft drinks and hot drinks. We believe that there is further potential to increase trade by extending upon the current opening times to increase alcohol sales, tapping into the vape market and by increasing the takeaway sandwich products. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade which is a great base to build upon and as such early viewing is strongly recommended.
New lease to be grantedTerm: NegotiableRent: £18,000 paBusiness Rates: £500
This established Newsagents is located within a prominent and highly visible trading position, next to the bus stop on Victoria Terrace in Royal Leamington Spa, Warwickshire. With wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk',
New lease to be granted
Rent: £18,000 pa
Business Rates: £336