This counter newsagent boasts a prime location on Mexborough’s High Street which includes well known retail outlets and Mexborough Market. The store currently trades six days a week, Monday to Saturday. The business is well established, the current owner having taken over the business in 2006. The shop stocks a selection of items including cigarettes, newspapers, magazines, confectionery, soft drinks, slush and greeting cards together with Payzone and National Lottery terminals. Weekly takings average £8.700.
The retail shop space has a good range of fixtures and fittings, product display cabinets and drinks coolers. To the rear of the selling area is a small storeroom plus a toilet/cloakroom area and stairs leading to the first-floor spacious storeroom/office.
The current owner provides a service to Montagu Hospital Monday to Saturday selling papers, magazines and confectionery to staff and patients for which a weekly fee is paid.
The National Lottery terminal achieves an average of £120 per week commission.
Newsbill approx £1200 per week. Annual turnover approx. £450,000.
Rent is £5,750 (ex VAT) per annum. New lease to be negotiated. Currently exempt from business rates.
Business hours are currently:
Mon-Fri 7am – 4pm.
Sat 7am – 4pm.
The business is currently managed by the owner who employs two part-time staff for a total of 30 hours.
Reduced price: £37,950 plus stock at value (approx. £10,000 at cost). Viewings strictly by appointment only - To arrange a viewing please contact owner through Rightbiz - No direct contact to be made to shop please.
- Town Centre location
- Attractive Business
- Price Reduced
- Close to Local Amenities
- Established Business
- Fully Fitted
- Adjacent to Multiple Retailers
- New Lease
- Prime Location
- High Turnover