AN EXCELLENT OPPORTUNITY TO ACQUIRE A VERY WELL-POSITIONED AND LONG ESTABLISHED NEWS/SWEETS/TOBACCO BUSINESS WITH NATIONAL LOTTERY OUTLET

  • Leasehold Price: £20,000
Chesterfield, Derbyshire, England
Seller Ref:FW3099
For Sale

AN EXCELLENT OPPORTUNITY TO ACQUIRE A VERY WELL-POSITIONED AND LONG ESTABLISHED NEWS/SWEETS/TOBACCO BUSINESS WITH NATIONAL LOTTERY OUTLET

Chesterfield, Derbyshire, England
Seller Ref:FW3099
  • Leasehold Price: £20,000

Overview

Seller Ref: FW3099

Description

An increasingly rare opportunity to acquire this very highly regarded news agency, tobacconists and confectioners in a prominent position in the heart of Chesterfield, which has built up an enviable reputation with a large and loyal customer base coming from far and wide.

• Long established business with excellent potential for growth and expansion
• Well situated character premises in the heart of Chesterfield
• Fully equipped and stocked to operate immediately

A viewing is essential to appreciate the opportunity on offer.

The business is established at ground floor level within character premises which are attractively appointed and have been fitted out to provide a welcoming retail shop with attractive displays, and a till and EPOS system, PayPpoint, Lottery and a newly supplied Coca-Cola fridge.

Devon House News has been established for many years, providing a well-stocked news agency, confectioners and tobacconists which has gained an enviable reputation with an ever expanding and loyal customer base as well as new customer, particularly given the business is the sole local stockists of Gawith Hoggarth’s tobacco, together with a selection of pipes and accessories form well known brands such as Wilsons of Sharrow and John Brumfit.

The business does not currently have a huge online presence, instead mostly relying on its long-established reputation and prominent position, however this is an area which provides exceptional potential for growth with a website and further social media advertising – particularly given the increasingly rare stock of tobaccos and pipes.

The business is currently trading as a limited company, but is being sold as and asset thereof.

Full accounting information can be made available following on from a viewing.

Premises:
We have not seen the formal lease documentation, but understand the premises to be held on a formal lease with rent currently payable at a rate of £9,100 per annum exclusive.
Full lease information can be made available following on from a viewing.

Location Details:
The premises are well situated in a prominent and accessible location within the town centre of Chesterfield, an historic market town that benefits from high levels of foot fall and visitors from far and wide. More specifically the premises are situated on Glumangate in the heart of the town centre, considered to be part of the professional quarter of the town which is occupied by a number of professional firms including solicitors, estate agents, financial advisors together with restaurants, hair dressers and beauticians.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Business Documents

Devon House News, 28 Glumangate, Chesterfield Floor Plan

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