Popular News Agents in Pontefract

Pontefract, Leeds
REF: R06523

Asking Price:
£34,950
Annual Turnover:
£289,915
Annual Net Profit:
£17,093
Under Offer
REF: R06523

Overview

Tenure:
Leasehold
Established:
1980
  • Great location
  • High footfall
  • High Lottery Sales & Payzone
  • High Lottery & Payzone transactions
  • Established in the community
  • Regular customer base

This popular news agents is based in a market hall in Pontefract and has a great reputation for stocking a wide range of highly in-demand stock including magazines, newspapers, and sweets at affordable prices.

Benefitting from the high footfall area, the news agents is very successful and attracts trade from both regular and passing custom.

A new owner could take full advantage of the business’s prime location, as well as its excellent financial figures. High Lottery Sales & Payzone.

This news agents is situated in a busy area that attracts footfall from the general public and surrounding businesses.

The business enjoys the custom of the general public as well as workers from the surrounding 100 independent retailers in the busy market hall. The shop is well established in the community and known for its dedication to providing excellent customer service.

The shop stocks newspapers, magazines, sweets and lottery tickets and is renowned for selling traditional liquorice Pontefract cakes which are famed in the area. The small open plan shop holds a counter to the rear as well as a fridge and a payzone.

Although it does not currently have a website or social media presence, the business promotes itself purely on a word-of-mouth basis and does most of its business through repeat customers.

Intelligent Business Partners are pleased to bring to the market this popular news agents in a brilliant location in Pontefract. This business is situated in a great location that ensures a stream of custom from passing trade and has enjoyed success for almost 40 years.

The current owners have operated the business for 18 years and have developed the business based on a dedication to providing top quality customer service.

Ample opportunity for the business to grow and develop in the future through a focus on increased advertising and creating a dedicated social media presence. The company currently holds a rolling lease contract with Wakefield Metropolitan District Council.

Intelligent Business Partners are now searching for a suitable buyer.

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  • Busy market hall
  • High footfall
  • Close to major transport links
  • No competition
Rent
£5,988
Rates
TBC
Lease Term
Rolling agreement
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
B 26-50

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
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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