newsagent and convenience store with payzone
Founded in the 1970s, this business has successfully established itself as the go-to destination for food and drink for its local community. It retails a wide range of daily consumables which include: cigarettes and tobacco, cards and gifts as well as a selection of alcoholic beverages. The business also provides Payzone and has recently started selling a small selection of bedding plants. Its solid reputation can be put down to the range of products it sells and its low overheads and loyal customer base make this a great business opportunity for potential buyers. A new owner is presented with a highly lucrative platform which presents huge scope for further growth. The size of the premises is around 700-800 square feet. The flat above is currently been leased out to another tenant at 600pcm but this is a 4 bedroom flat spread over 2 floors. The current business opening times are Mon-fri 6-6, Sat 6-4, Sun 6-2. The reason for sale is due to relocation. Gross profit is around 29%.