Established Newsagents for Sale in Northwich

Northwich, Cheshire
REF: INT2147

Asking Price:
£85,000
Annual Turnover:
£260,000
Annual Net Profit:
TBC
REF: INT2147
Photo of Established Newsagents for Sale in Northwich

Overview

Tenure:
Leasehold
Established:
2011
  • Very Loyal Customer Base
  • Low Overheads
  • Well Equipped Business

For sale is a well-established and popular newsagents based in an ideal location within Northwich.

The business stocks a full range of daily and weekly newspapers alongside popular magazines to meet the needs of all customers. Their loyal customers are made up of mostly residents in the local area, providing ample levels of repeat custom.

In addition to their brilliant range of newspapers and magazines, the store also stocks confectionery, refreshing drinks, cards for all occasions, helium balloons, ice creams and vapes, with scope to expand their product range.

Offered on a leasehold basis, the premises has another 2 years on the current lease before a break clause, and a further 5 years after that.

With great footfall and a brilliant range of products, this store would be an ideal purchase for an individual within a similar sector.

Situated in an ideal location in the heart of Hartford and with on-street parking, this business benefits from ample footfall.

The business is within a parade of around a dozen shops which is a focal point for the village and is ideal for both regular locals and passing trade on the busy road.

Within the shop, at the entrance, there are news and magazine racks to the left-hand side, with ice creams and drinks on the right and a counter and till at the rear of the premises alongside sweets, crisps and vaping equipment.

There is scope for a central display rack for further stock. There is also a stock room, kitchen and toilet to the rear of the building, with a fully-functioning CCTV and alarm system.

The vendor is a full-time owner-operator and has one part-time member of staff, plus paperboys for local paper and magazine deliveries.

There is scope for the shop to expand its newspaper delivery service to cover local villages and deliver further afield.

Recently there has been a closure of a nearby card shop, therefore, expanding into the high-margin card market and increasing their current product range could prove beneficial.

Other areas of growth could include expanding into the following services/products; a slush machine, scratchcards, PayPoint, Payzone and a Post Office outlet.

Features

Key Information

  • Newspapers: Yes

Reputation

  • Google: 4.8

Online Presence

  • Facebook: Yes

Website: www.elson-news.co.uk

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£9,500
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

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

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