Newsagents for sale in Tamworth

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Y. MacGregor (Nov 2017)
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Leasehold Price: £125,000 Annual Turnover: £390,000
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Business Description



Mr News is Located in Kingsbury,Warwickshire

Kingsbury is a large village and civil parish in the North Warwickshire District Of the county of Warwickshire, in the West Midlands. The village is situated between Birmingham and Tamworth which is 6 miles to the north and overlooks the River Tame. The A51 to Chester starts from here, as does the A4097 which runs through Curdworth and Minworth before joining the A38. This continues to Junction 6 of the M6 (Spaghetti Junction) giving access to the motorway network of the Midlands and the City Of Birmingham. Kingsbury is notable for the Kingsbury Water Park, a shooting range and a large storage depot to the north-east.

Kingsbury is now mainly a large commuter village. Although relatively small, the village has facilities and services including a primary school, a secondary school, a swimming pool, two public houses, a country club, churches, a doctors surgery and a busy shopping parade where Mr News is situated.

Mr News occupies the end position of a busy and vibrant shopping parade meaning that shoppers have to pass the business to visit the other complimentary retail businesses in the parade. The business is nicely presented and well signed and there is free on street parking just across from the premises as well as a free shoppers car park to the rear.







Hilton Smythe welcomes to the market Mr News

The business was founded in the 1960’s and the current owners have run it successfully for the last seventeen years and are now reluctantly selling only because of their wish to enjoy a well earned retirement.

Mr News is a Post Office and Convenience Store selling amongst other things;

Newspapers and magazines


Tobacco products

General groceries

Greeting cards


Dairy products ie milk and eggs

Crisps and snacks

Household cleaning products

Ice cream


Additionally the business offers other services such as parcel drop off and collection and dry cleaning. The business takes approximately £1200 per week on Lotto and scratch cards and has a really healthy news bill of £1500 per week with four morning delivery rounds.

Mr News is a lovely little business and really is the heart of the local area with its owners being well liked and respected members of the community. The business has loads of regular customers many of whom are known on a first name basis by the owners and also enjoys passing trade as a result of its main road position.

Scope to Improve

Advertising and marketing campaign
Maximise the use of social media
Extend the opening hours
Apply for alcohol licence, alcohol sales could increase turnover considerably.
Offer a free delivery service for groceries, lots of older residents who struggle with shopping.
Consider selling sandwiches and hot snacks at lunchtimes.

Hilton Smythe highly advise early viewing to avoid disappointment.







Mr News occupies the end unit in a purpose built shopping parade and is presented to a high standard with bright visible signage to the front with a pull out sun blind and briefly comprises;


Generous shop with windows and glazed door to front creating a light airy interior. Suspended ceiling with concealed lighting and tiled floor, glass topped ice cream freezer, perimeter shelving to three sides along with a long central shelving gondola, Newspaper racking to front of shop, open drinks chiller. Freestanding hanging unit for the display of hats and gloves, Lotto stand, stationery section, crisp and snacks baskets alongside confectionery shelving, long greeting card racking, open plan post office counter to rear with generous wrapping area, till card machine, scales etc. Bespoke sales counter with till and cigarette gantry to side and till and Lotto terminal.

Stock Room

There is a useful stock Room to the rear of the shop with perimeter shelving and floor storage space. There is a door to the rear car park area.


There is a staff toilet with handwash basin and perimeter shelving.

The premises are secured by a Post Office, monitored alarm system which is provided free of charge by the Post Office. There is also a CCTV system with 4 cameras, two externally and two internally.







We are advised that Mr News is being sold as a leasehold business opportunity. A particular feature of this business is the very attractive council lease, the original ten year lease has approximately three years left to run and the rent is an extremely reasonable £3000 per annum. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

There are no business rates currently payable.







Monday to Saturday 5-6.30

Sunday 5-1







The business is run and managed by our clients. (2)







Mr News generates an advised turnover currently of circa £390,000 through the shop and an  advised Post Office salary of £12,000.






 Reasons to Buy

A well established business with an enviable reputation and many existing customers
Low running costs with inexpensive rent and no business rates
Current owners happy to offer a handover to ensure the continued success
A real opportunity to increase turnover significantly by introducing alcohol sales
Local residential building in progress which will only increase footfall further
Everything included making this a real Turnkey opportunity
Ideal owner managed or husband and wife business.

Tenure: Leasehold

Listed by: Hilton Smythe
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