Newsagents for sale in Nuneaton

View the "A rare opportunity to buy a well-established long running convenience store/newsagent" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

A rare opportunity to buy a well-established long running convenience store/newsagent

Nuneaton, Warwickshire, England

  • Leasehold Price: £99,500
  • Monthly Turnover: £30,000
Seller Reference: KandS
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
 
 
 
Image 1 of 11 video_library
Seller Reference: KandS
Request Details
Business Description
Tutis estates are delighted to offer a rare opportunity to buy a well-established long running convenience store/newsagent.

Excellently located in the residentially populated ward of Weddington in Nuneaton.

Operating from modern very well fitted and equipped air-conditioned premises to include a host of refrigeration equipment and abundance of displaying shelving. The business enjoys a great deal of passing trade in addition to that from those living and working in the area.

Approached by a wide pavement from ample parking bays to the front along St. Nicolas Park Drive, the double fronted shop with central door opens to the shop front. The shop has the benefit of ceramic floor tiles and a suspended ceiling with fluorescent lighting throughout.

As well as being an exceptional Newsagents, the store offers the following;

Multiple news delivery rounds
Extensive instore range of News and Magazines
Vast range of confectionery and soft drinks
Extensive range of cards and giftware lines
Lottery online and scratch cards
Pay zone Terminal

Services include;
UPS drop off and collection point
DHL express drop off point

Fixtures and fittings comprising of;

Variety of greeting card and gift stand.
Confectionary stands and shelving.
Newspaper shelving(various). including 9 bay.
Magazine racking (4 tier)
Cigarettes display gallery stand
Refrigeration cooler units (Lucozade)
3x coke coolers (on loan)
Suspended ceiling air conditioning unit
CCTV
2x Epos tills
Computer
A large solid serving counter with display/storage base

Behind the service counter there is a small storage area accessed via a door.

Historical and current annual turnover of over £350,000.

Low overheads and a very easy to run operation, can be run by owner-operators.

Financial information;

Weekly sale £7000 to £7500
Attractive gross profit margin and commissions.
Absolutely huge potential to increase sales further.

TRADING HOURS-
Monday – Friday 6am to 5.45pm
Saturday 8am to 5pm
Sunday 6am to 12 pm

Support and Training:
Full training and support will be provided on systems, product ordering and setting up new accounts.

Location Details:

In St Nicolas park drive (adjoining area Horeston Grange and Weddington)

Situated 1 mile from Nuneaton train station, this desirable business lends itself to serve the local community of schools, academy’s, leisure facilities and places of worship as well as an abundance of new and existing residences.

George Elliot Hospital 1mile
Nuneaton train station 1mile
City centre 1.9 miles

Interested parties are encouraged to request further details and then view informally but please note that under no circumstance should branch staff be approached.

Following an informal viewing Interested parties are requested to contact the selling agent Tutis estates by email with any further questions relating to the business.

Formal viewings may only be made once an offer has been submitted and references taken.

SUMMARY

PRICE: £99,500 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.
Rent £15000 p.a.
Service charge; to follow

Rates approximately; £2200 per annum

Tenure;
Leasehold

New lease offered;
Permitted off licence use granted
Permitted take away food granted.
No restrictions apart from actual cooking.

Legal fees;
Each party to pay own costs.

Tenure:
Leasehold
Support and Training:
Full training and support will be provided on systems, product ordering and setting up new accounts
Location Details:
Excellently located in the residentially populated ward of Weddington in Nuneaton.
Leasehold Term:
10 Year new lease 3 year upwards only rent review
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image