Prime Southport Newsagent Store for Sale with Exceptional Growth Opportunities
Southport, Merseyside
- Status
FOR SALE
- Advert ID
616152
- Reference
BJG2311363 / Rightbiz
- Call Agent:
- Leasehold: £59,950
- Turnover: £200,000 (£3,846 Per week)
- Net Profit: Not Applicable
Key Features
- Price Further Reduced
- Established Business
- Prime Location
- Offers Invited
Business Details
Prime Southport Store with Exceptional Growth Opportunities
Smithies Newsagents: Unlocking Massive Potential Reduced for Quick Sale: Prime Southport Location with Exceptional Growth Opportunities Offers Considered Over - £59,950 Business turnover over £200,000 p/a Rent – 4 years remaining, easily transferred or extended to required length of years. - £1,146 p/m NO BUSINESS RATES Smithies Newsagents, a cornerstone of the Southport community, is reluctantly offered for sale by its long-standing owners due to retirement. This well-established business has been a local favourite for many years, providing exceptional service and a wide range of products to a loyal customer base. This is an extraordinary opportunity to acquire a thriving concern with immense untapped potential. Currently operating at only 60% capacity, Smithies Newsagents boasts a prime location in a high-footfall area without any direct competition. With extended opening hours and expanded product offerings, a new owner can comfortably and significantly increase turnover and profitability. In addition to off-licence and news agency, Smithies also boasts bill payments, mobile top ups and National Lottery income streams. Furthermore, the business offers DHL and UPS parcel service access points, Stasher (luggage drop off) and Western Union, the largest money transfer in the entire area. All contributing to increased turnover and footfall. Beyond the core retail business, this exceptional property also includes two one-bedroom flats, providing additional versatile accommodation options. Key Features: • Prime Location: High-footfall area with no local competition • Huge Growth Potential: Increase turnover and profits significantly • Additional Income: Benefit from two one-bedroom flats • Established Customer Base: Enjoy a loyal and returning clientele • Relaxed Lifestyle: Current owners have prioritised work-life balance • Multiple Income Streams: Diverse offering of services provided This is a rare chance to own a business with such significant upside. Don't miss out on this opportunity to create a thriving enterprise. Contact us today to arrange a viewing. John Gavin- New Broad Street- [email protected] – 07976 533389 Disclaimer: Figures quoted are approximate and for guidance only. Full financial information will be provided upon request and viewing.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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