Newsagents for sale in Berwick-Upon-Tweed

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Newsagents - Northumberland

Berwick-Upon-Tweed, Northumberland, England

  • Leasehold Price: £124,950
  • Annual Turnover: £387,000
Seller Reference: BC48154
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: BC48154
Request Details
Business Description
• Well establised newsagents and licensed grocers, trading over 100 years
• Prime location, busy town centre location which attracts tourists all year round
• £7,500 weekly turnover, with huge potential to increase current turnover
• Long lease available, viewing highly recommended

Profitable leasehold newsagents and licensed grocer located in a busy central location. Turnover for year end March 2020 of £387,000 plus lottery sales with potential to increase. Leasehold Ref 48154

Harrison Newsagents is located in the town centre of this busy tourist’s town of Berwick-upon-Tweed, in the most northernmost town of England at the mouth of the River Tweed. The current turnover of £387,000 has been achieved with reduced opening hours which by increasing the trading hours would give the potential of a substantial increase of turnover. The alcohol license allows alcohol to be sold from 5:30am to 22:00 which is currently not being used to full potential.

This a traditional newsagent which has been trading for over 100 years. They offer a news delivery service and this could be increased. They also have a range of stationery, gift products, cards, groceries, tobacco, alcohol, soft drinks, crisps, confectionary and snacks and lottery.

This newsagents is in an excellent location with free car parking outside and within walking distance to local schools and the busy railway station. The internal fixtures and fittings including floor covering have been kept in excellent condition and it is very welcoming for their customers.

Summary. Bruce & Co are delighted to bring to the market this excellent business opportunity of a well established newsagents. We are expecting a high level of interest so recommend an early viewing is essential.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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