Greengrocers for sale in Pontefract

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £50,000 Price Reduced Turnover: £330,000 Gross Profit: £37,806
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Business Description
Hilton Smythe welcomes to the market News Affair. Our client has run the business since 2001. The owner is now looking to sell the business due to family reasons; this is a genuine reason for sale.

This is a general newsagents selling a range of confectionary products. They also sell newspapers and magazines, cigarettes and offer a Payzone and the Lottery. These generate a great extra income as follows-

Payzone - £48,000 per annum

Lottery - £240,000 per annum

News sheets - £25,200 per annum

The business also creates a healthy turnover from sales of around £330,000 per annum with a gross profit of 11.4%. This is a great turnover that could be increased by offering a delivery service for the newspapers.

Our client sees many regular faces and loyal clientele. Due to the location there is a heavy amount of footfall and much custom daily. There is a great turnover and excellent commission from its services.

This is a great business for a purchaser looking for a successful newsagents. Hilton Smythe highly advise early viewing for this well-priced business, to avoid missing out on this fantastic opportunity.  

News Affair is located in Pontefract, West Yorkshire.

The store is situated within Pontefract market which is an indoor shopping centre with a range of retail outlets. The centre is located within the centre of the town and so sees a huge amount of footfall daily. In the shopping centre there are many independent stores and large chain brands such as Wilkinson Hardware, Thomas Cook Travel, Poundland, Clarks Shoes and more.

This is a bustling town centre with great public transport and road links. There are several train stations dotted around and many bus stops located throughout. The M62 motorway is just a short 10 minute drive from this area. The M62 runs around the centre of Leeds. Leeds is approximately just 16 miles away; an easy commute using the great road links.  

The business is located within an indoor shopping centre. The store is fully signed with stock displayed at the front of the store.

This is a well-stocked shop with perimeter shelving around. To the rear there is the service counter with counter top displays. There is a view of the whole shop from here. Behind the counter are further shelving units and a cigarette gantry. There are magazine and newspaper racks and also an open front drinks chiller.

Equipment included in the sale is as follows-



Cigarette gantry

Drinks chiller


Lottery terminal

There is security provided by the shopping centre. The store does also share facilities with the centre.

We are advised the business is leasehold.

New lease available.

Rent: £499.03 per month

The business opening hours-

Monday - Saturday: 8:30am – 5pm

Sunday: Closed

The business is run and managed by our client with the help of 1 part time member of staff and other casual staff.

The business generates a turnover in the region of £330,000 per annum.

Gross profit  11.4%

Payzone - £48,000 per annum

Lottery - £240,000 per annum

News sheets - £25,200 per annum

Tenure: Leasehold

Listed by: Hilton Smythe
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