Thriving Newsagents & Post Office + Accommodation in Stoke on Trent

  • Price: £90,000
  • Leasehold Price: £90,000
  • Annual Turnover: £269,016
Stoke-on-Trent, Staffordshire, England
Seller Ref:S35271V
For Sale

Thriving Newsagents & Post Office + Accommodation in Stoke on Trent

Stoke-on-Trent, Staffordshire, England
Seller Ref:S35271V
  • Price: £90,000
  • Leasehold Price: £90,000
  • Annual Turnover: £269,016

Overview

Seller Ref: S35271V

Description

We are excited to offer this established Newsagents and Post Office with a net weekly turnover of £5,700. Situated in a prime location, this business provides a unique opportunity for you to tap into the growth potential of Stoke-on-Trent.

With a 10-year lease taken out in 2014, and a landlord open to a new lease if required, this business provides a solid foundation for you to build upon. The rent, including accommodation, is £2950 per quarter (inclusive of VAT).

A nicely presented 2-bedroom flat, big garden and driveway which is accompanying the premises provides comfortable living arrangements for either you, the new owner or a Sub-Lease is available estimated to be worth £7,000 in extra profit per year. With a strong gross margin of 36%, you have the financial stability to introduce new ideas and initiatives to drive growth.

Attractive premises, presented to a good standard, offering a good retail area, stockroom, store, toilet, kitchen, and cloakroom facilities along with a nicely presented 2-bedroom flat.

This popular business lends itself to further development. Imagine the potential for growth with the introduction of a delivery service, the addition of new product lines. The possibilities are endless with this business. Don’t miss this chance to own a thriving newsagents and post office in the heart of Stoke-on-Trent.

Contact us today to schedule a viewing and take the first step towards realizing your full potential as a business owner!

  • £269,016 net retail sales p.a. & 36% gross margin.
  • 4 Paper Runs – 120 Regular Customers – £600-£700 in income
  • Post office salary of £21,578 & services commission.
  • Ideal for a working couple, estimated income over £105,000.
  • Modern 800 sq. ft. shop, fully secured.
  • 2-bed flat with garden & separate shop access.

Leasehold offers around £90,000 +SAV | S35271V

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Number of Employees:
3
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is stock included:
NA
Website address:
https://www.emfgroup.com/businesses/view/S35271V/thriving-newsagents-post-office-accommodation-in-stoke-on-trent

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