Newsagent in Southern Wales’ Rhondda Valley

Rhondda, Mid Glamorgan
REF: 02762

Asking Price:
£150,000
Annual Turnover:
£204,110
Annual Net Profit:
£30,519
REF: 02762

Overview

Tenure:
Freehold
Established:
1954
  • Newsagent for over 100 Years
  • Only agent in this lovely town
  • Frequented by local residents & also sells wholesale
  • Premier location
  • Lock-up premises with scope for accommodation

An exceedingly long established and well-known news agent in the fantastic Rhondda Valley (southern Wales), this business presents the type of opportunity that becomes available, literally only once every 50 years.

Newsagents, offering confectionary, tobacco, newspapers and magazines are widely known for hefty revenues and profit margins when appropriately operated. Indeed, sold only once in the middle of its century-old history, this newsagent has provided generations of the current and prior owners' families a very comfortable living and large, ironclad streams of income.

Moreover, the freehold structure is also being sold, reducing purchase risk and providing additional potential. There is the option to purchase the business on a leasehold basis for £50,000 plus stock.

Take any village, town or city in the UK, and most residents have at some point or another stopped by their local newsagent, to purchase a drink, a snack, tobacco, or even a newspaper. Many of them buy there regularly, sometimes daily, or if they don’t have a specific need, just stop by for a chat with the proprietors. For over a century, since 1954 under ownership of the current family, generations of local residents have stopped at this news-stand, providing its owners with a highly reliable and sizeable source of income.

Intelligent are excited to offer to the market a landmark newsagent

Established at the turn of the 19th century, this newsagent is as much a part of this town’s history as its celebrated mining industry.

Being the only newsstand in the area, and with such a long-established standing, buyers have many opportunities to increase revenues including: extending business hours to catch evening and night time demand; establishing a marketing budget for local advertising and promotions, including building a website. The business also offers an additional floor that is currently unused with several empty rooms.

With the current owners seeking retirement and without other family members to take over, this is an excellent first time buyer opportunity, a first rung on the freehold ladder, or a comfortable option for a lifestyle / relocation buyer.

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  • Located in the town centre of Rhondda Valley
  • Ample on street parking
  • Busy parade of shops
Rent
N/A
Rates
TBC
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£100,000
Planning
TBC
EPC
D 76-100

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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