Newsagents for sale in Ottery St Mary

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £79,995 Annual Turnover: £446,180
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Business Description
Town centre NEWSAGENTS/CONVENIENCE STORE, historic expanding EAST DEVON town, short drive coast, enjoying central highly visible trading position within OTTERY ST MARY, just off the main square, very well known, reputed to have been in existence in excess of 100 years. Spacious premises with substantial double frontage, main retail area and greetings card section to the ground floor, kitchen and cloakroom to the first floor, enjoys favourable lease terms, rent currently just over £150 per week, currently receiving 100% business rate relief, tenants responsible for decoration only. Popular thriving business, abundance of regular repeat local trade, Sales 2017 £446,180 ex Vat, Gross Profit £123,785 (28%), additional newspaper vouchers approx. £1,800 per week, National Lottery approx. £2,000 per week, sound levels of profitability, still scope to develop business, currently closes 6.00pm latest, potential for off-licence subject to obtaining necessary permissions. Leasehold £79,995 sav Ref: T033779N

Tenure: Leasehold

Listed by: Everett Masson and Furby

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