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Related Ads > Somerset Business for Sale > Convenience Stores to Buy > Convenience Stores in Weston super Mare for Sale 

Newsagents And Convenience Store In Weston Super Mare

Weston super Mare Somerset
Newsagents, Weston-Super-Mare, Somerset T/O: £178,000 GP: 20% Huge scope Prime location High footfall 3-bedroom owners' accommodation Much repeat trade
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70206
ADVERT IMPRESSIONS : 5,794 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

FREEHOLD:

£290,000
 

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BUSINESS DETAILS:

Location
Sue's News occupies substantial and prominent 2-storey corner premises, ideally located in a densely populated residential area on the outskirts of Weston-Super-Mare. The business benefits from a high footfall and much passing trade, as well as excellent public transport links with bus stops and a railway station within walking distance. The town centre and the seafront are a short distance away and there are a range of amenities nearby. The premises benefit from ample on-street parking and are close to a wealth of complementary shops and businesses. The town is easily accessed via the A-road network and the M5 motorway. Weston-Super-Mare is a busy seaside resort, popular with day trippers and holiday makers alike. The town is a desirable place in which to live and work and is also popular with commuters due to excellent road and rail links with Bristol.

Business History
Preferred Commercial is pleased to offer to the market this busy newsagents, which was established in 1960 and which has been in our client's careful hands since 1986. The newsagents is only now offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a turnover in the region of £178,000 per annum with a gross profit of 20%. Sue's News offers an extensive range of general CTN lines, convenience lines, alcohol and groceries. A new owner could, increase the turnover by introducing the lottery and perhaps PayPoint facilities. There is also scope to extend on the newspaper delivery rounds. The business is renowned for providing a wide range of products and has a loyal customer base. The premises are well-equipped to suit the trade and boast a spacious sales area with numerous displays and shelving. There is also spacious 3-bedroom owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy newsagents with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £178,000 approx.
GP: 20%

Opening Hours
Mon - Sat: 6:00am to 8:00pm
Sun: 6:00am to 7:00pm

Accommodation Details
Substantial 2-storey corner retail premises with 3-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Retail area with 2 x alcohol chillers, drinks chiller, grocery shelf display, magazine and newspaper rack, greeting card display, ATM, a range of shelving and displays, chest freezer, wine display, spirits display, serving counter, electronic cash register, dairy refrigerator, tobacco gantry and lottery stand
• Office
• Lounge with feature fireplace
• Sitting room
• Pantry
• Utility room
• Kitchen

First Floor
• Large double bedroom
• Double bedroom
• Single bedroom
• Family bathroom
• WC with wash hand basin

External
• Garden to side
• Rear courtyard
• Single garage
• Parking area to front for up to 3 vehicles

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2859 / RightBiz
   
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