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BUSINESS REFERENCE : 10494 / RightBiz LEASEHOLD NEWSAGENTS IN SHROPSHIRE | | | | | | Newsagents Shrewsbury, Shropshire Busy parade location W/T: £5,500 approx GP: 19.4% Exceptionally Spacious Premises Scope to expand | | | BUSINESS LOCATION: | Shrewsbury Shropshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £51,000 + SAV | ANNUAL RENT: | £9600 | | | | | | | | | | | BUSINESS DETAILS: | Sentinel Newsagents is located in a prominent and highly desirable trading location on Whitchurch Road, within Shrewsbury in Shropshire. The business occupies spacious ground floor, lock-up, premises with an attractive wide double frontage and ample free car parking facilities. It is within a busy parade of shops and businesses, which attract a high daily footfall. In addition, it is within close proximity to a thriving residential area as well as numerous schools, retail and business parks, which attract much regular repeat custom. Whitchurch Road is also the main A5112, which is one of the major arterial roads into the centre of Shrewsbury and generates much passing trade. The area is easily accessible, being only one mile from the centre of Shrewsbury.
Bag a Business is delighted to offer for sale, this thriving and much sought after newsagents business within Shrewsbury. Sentinel Newsagents has been established since the early 1950s and has built up an enviable reputation throughout the area. Currently, average weekly turnover is £5,500 achieving a 19.4% gross profit. This is a particularly attractive purchase as there is the internal configuration to significantly expand the overall sales area and number of product lines, if desired. There is also a separate post office business trading within the shop, which is not included in this sale, but by separate negotiation with Bag a Business under reference 7790. There remains infinite scope to develop turnover further if desired as the business also currently closes at 6.00pm. This is a unique opportunity to purchase such a versatile leasehold business, offering infinite scope for the future. Early discussions with Bag a Business must come highly recommended.
FINANCIAL DETAILS
W/T: £5,500 approx.
GP: 19.4% approx.
OPENING HOURS
Mon - Sat: 5.00am - 6.00pm
Sun: 5.00am - 12.00pm
ACCOMMODATION DETAILS
Ground floor, leasehold, lock-up, retail premises, briefly comprising:
Main entrance
Open plan retail sales area
Wide confectionery counter with traditional sweet jar display behind
Additional sales counter and electronic cash register, cigarette gantry behind and electronic weighing scales
Shelving and racking on perimeter walls
Central product display aisle
Card display rack and various card spinners
1 x single and 1 x double drinks chiller unit
Newspaper preparation area
CCTV system
Rear Store Room: a large room with shelving and racking, office area, scope to expand external sales area
Kitchenette area
WC and basin
EXTERNAL
Wide double frontage
Ample free car parking
TENURE
Leasehold
Original lease length: 10 years
Remaining lease until 2014
Review every 3 years
Rent: £800 per month | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10494 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
