Well-stocked Newsagents in Walsall Train Station

Walsall, Staffordshire
REF: R05994

Asking Price:
£59,000
Annual Turnover:
£114,013
Annual Net Profit:
£7,670
Reduced
REF: R05994
Photo of Well-stocked Newsagents in Walsall Train Station
Photo of Well-stocked Newsagents in Walsall Train Station
Photo of Well-stocked Newsagents in Walsall Train Station
Photo of Well-stocked Newsagents in Walsall Train Station

Overview

Tenure:
Leasehold
Established:
2007
  • Impressive annual turnover
  • Loyal customer base
  • High footfall location
  • Good selection of stock
  • Minimal competition

A fantastic opportunity has now been brought to the market in the form of a traditional newsagents and convenience store in Walsall train station.

Since 2007, the business has been selling a wide range of consumables and reading materials to the general public, amassing a loyal customer base.

Its busy location and high financial figures now ensure the business can be grown by any new owner.

Operating for over 10 years as a compact convenience store and newsagents, the business offers a diverse range of items inclusive of confectionery, magazines, newspapers, snacks and hot and cold drinks.

Situated within Walsall train station, the premises itself has been renovated to a very high standard and is highly visible to passing customers. Clients enter the open plan shop which accommodates all of the business’s stock. A counter at the front overlooks the store and holds a Nescafe coffee machine for customer use. Beyond the shop floor there is a small storage room for stock.

With little need for advertising, the business has prospered organically as a result of its highly sought after, busy location.

Appealing to an owner-operator of a newsagents looking to grow through acquisition, a new proprietor could develop the business further.

Increasing advertising via leaflet drops would gain the business a higher level of exposure and attract further trade, as would extending opening hours past 7pm and to include Sunday. Introducing the sale of alcohol and services such as Payzone and Lotto would also be extremely beneficial in increasing the turnover.

The current owners are willing to stay on for a transitional period to hand the business over smoothly to its new owner.

Location

  • Situated within train station
  • Good passing trade
  • Prime location
  • Minimal competition
  • Popular with commuters

Property

Annual Rent
£9,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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