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Well Established News Agency Ctn For Sale

Cheltenham Gloucestershire
Well established CTN in high foot fall area of Cheltenham. This business has been greatly improved by present owners and is well regarded in the area for its fine selection of greetings cards and magazines. Has been successfully diversified. Lease to let or rent Well Established News Agency Ctn For Sale is located in Gloucestershire.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 8118
ADVERT IMPRESSIONS : 12,390 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Newsagents
SALE: Private Sale

LEASEHOLD:

£79950

ANNUAL RENT:

£28250
 

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BUSINESS DETAILS:

This business is well established in a very good residential area of Cheltenham. Highly regarded for its large range of greeting cards and magazines, it also does well in other goods such as toys, haberdashery, party goods, stationery and many other items. This business has been turned around by its present owners, a husband and wife team who could see its potential and have proved it can be made successfully.
With a turnover in excess of £400, 000 in good trading conditions with a high gross profit margin, this is an ideal business to be continued by another couple or to be added to a chain of existing businesses.
There are no paper rounds and trading hours are reasonable for a news agency from 8. 00am till 6. Pm Monday to Saturday and 8. 00am till 4. 00pm on Sunday. There is plendty of scope for paper rounds if new owners wish to do so.
At present it is run by the owners part time plus a full time supervisor and three part time staff. There is potential for savings if new owners wish to do more hours. They have owned the business for almost five years and had a ten year plan, but are now forced to sell due to ill health. This is a great opportunity for someone who wishes to provide themselves with a medium to long term future.

The business is well worth viewing and anyone with a bit of vision can see why its success can continue.
The premises is a fully lock up unit with bugler alarm and CCTV system already installed. There is no above accommodation. All furniture and fittings in view will be left including computer systems.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

8118 / RightBiz
   
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