Established Newsagents In Mansfield | | Warsop Nottinghamshire | | Newsagents Warsop, Nottinghamshire T/O: £413,000 GP: 25% Monopoly trading position 2 bedroom owners' accommodation Huge scope for development | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44630
ADVERT IMPRESSIONS : 8,320 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £265,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Middleton News is located in the main shopping area of the small town of Warsop in Nottinghamshire. The newsagents is surrounded by complementary shops and businesses and is surrounded by a large residential area. The business lies just off the main A60 Worksop to Mansfield road and boast a high footfall and much passing traffic. We are advised that a new housing estate is being built close by. The town of Mansfield lies just 4 and a half miles away. Junction 29 of the M1 motorway is approximately 9 miles away.
Business History
Preferred Commercial is delighted to offer for sale this well-established newsagents, which has been in our clients' hands since 2006 and is only now being placed on the market due to ill health. Middleton News is the only newsagents in the area and generates a turnover in the region of £413,000 per annum with a gross profit of 25%. During the time our clients have been in the business turnover has doubled and there is still scope to grow turnover further, perhaps by extending the range of toys offered, introducing alcohol sales and offering Lotto and PayPoint facilities. The business benefits from 2-bedroom owners' accommodation and a good-sized rear garden. We feel this represents an ideal opportunity to acquire a thriving newsagent with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £413,000 approx.
GP: 25%
Opening Hours
Mon - Wed: 5.00am - 5.00pm
Thurs: 5.00am - 4.00pm
Fri: 5.00am - 5.00pm
Sat: 5.00am - 4.00pm
Sun: 5.00am - 12.00pm
Accommodation Details
Freehold newsagents premises with 2 bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Main sales and display area fitted to suit trade with retail sales counter and EPOS system, cigarette gantry, shelving to walls, magazine racks, double drinks chiller, ice cream freezer, double slush machine, Payzone, Airfix rack, toy display and greeting cards stand.
• Kitchen/living room
• Conservatory
• Walk-in shower room and WC
• Utility room
First Floor
• Lounge
• Large bedroom to front
• Large bathroom
• Second bedroom to rear
External
• Good sized garden to rear
• Large garage with space to 3 cars
• Storeroom/newspaper room
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 1633 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
