Newsagents for sale in Eastbourne

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Newsagents in Excellent Location

Eastbourne, East Sussex, England

  • Leasehold Price: £54,999
  • Annual Turnover: £180,000
  • Annual Gross Profit: £51,000
Seller Reference: 3048N
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Business Description
 
 
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Seller Reference: 3048N
Request Details
Business Description
The shop is situated in a parade of shops close to the town centre and seafront in Eastbourne. It is supported by a good selection of other businesses including many hotels, several restaurants, fish and chip shops, coffee shop, ice cream shop, hair salon, etc. The parade is in a highly populated residential area and benefits from good levels of footfall throughout the year with increased business during the summer months.

There is no local competition and a covenant prevents any competing business from trading in the immediate area.

BUSINESS
The business trades as a newsagents selling newspapers, magazines, a limited selection of grocery items, drinks (both hot and cold), confectionery and a selection of beach-related items such as hats, towels, etc.

There has been a newsagents in this location for at least 75 years and it has been in the hands of the current owner since 2002. It is offered for sale now for personal reasons.
Tenure:
Leasehold
Listed by:
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