Busy Newsagents next to Shotts Train Station

Shotts, Lanarkshire
REF: R06098

Asking Price:
£50,000
Annual Turnover:
£80,000
Annual Net Profit:
£22,000
Featured
REF: R06098

Overview

Tenure:
Freehold
Established:
1998
  • Train station location
  • Varied range of goods
  • No competition
  • Loyal customer base
  • Great growth potential

An excellent opportunity to purchase a busy local Newsagents in Shotts, Lanarkshire is now available to an interested buyer.

 

Established since 1998, the business has enjoyed consistently high levels of trade from its loyal customers and as a direct result of commuters and travellers brought to the area by Shotts train station. The business serves a range of hot and cold food, as well as newspapers, sweets and other consumables.

 

With imposing competition in the vicinity, a new owner can exercise the store’s stable foundations to achieve increased prosperity.

For approximately 20 years the business has been providing its wide-ranging custom base with a selection of newspapers and daily consumables inclusive of hot and cold food such as sandwiches, paninis, salads and tea and coffee. The shop is particularly frequented by those en route to and from the local train station, looking for reading materials and snacks to occupy their travelling time.

 

Trading from a single-fronted property, the shop is compact yet is spacious enough to comfortably accommodate its efficient service. Upon entry, customers are greeted by a large counter to the left with a food display unit and cooker utilised for preparing hot and cold food on site. A well-stocked paper stand lies to the right and toilets facilities are located to the rear.

 

With no investment of time of money in marketing, the business has been able to successfully operate and grow its customer base primarily through word of mouth and due to its pertinent location.

Well-suited to an individual looking to take on an easily-manageable lifestyle business, a new owner could look to grow the sales turnover immensely by implementing a few simple steps.

 

Introducing new services such as offering Paypoint, Lottery tickets and tobacco would attract more custom from local residents as well as those in the surrounding areas. Expanding upon the current hot and cold food menu to add more variety, combined with lunch specials and deliveries would be hugely beneficial in increasing takings.

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  • Residential area
  • Close to schools
  • Near train station
  • Minimal competition
  • Prime location
Rent
TBC
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
£40,000
Planning
TBC
EPC
C 51-75

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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