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Modern Newsagent in Prime Location for Sale in Southport Merseyside

Southport, Merseyside
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Buzzing Retail Opportunity – Modern Newsagent in Prime Southport Spot Photo 1
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  • Leasehold: £54,999
  • Turnover: £201,600 (£3,877 per week)
  • Profit: £60,480 (30% Profit margin)

Business Details

Buzzing Retail Opportunity – Modern Newsagent in Prime Southport Spot

Business
Please quote reference B09567

CoGoGo is delighted to bring to the market Smithies, a vibrant and well-established newsagent positioned in the heart of Southport.

Trading successfully for seven years under current ownership, this business has built a dependable local following and benefits from consistent footfall.

Smithies offers a modern convenience retail experience, catering to daily essentials, newspapers, magazines, and impulse purchases. The business presents a fantastic opportunity for a new owner to step into a profitable setup, with clear scope to expand product lines, introduce additional services, or enhance digital presence.

This is a genuine retirement sale, making it an exciting opportunity for an enthusiastic buyer to inject fresh ideas and take the business to the next level.

Early viewing is highly recommended.



Location
Situated on Hoghton Street in Southport, the business enjoys a busy high street position surrounded by a mix of retail outlets, hospitality venues, and residential areas, ensuring strong and consistent footfall.



Premises
The business operates from a well-presented retail unit, fitted to suit a modern convenience offering. The layout is practical and customer-friendly, allowing for efficient service and product display.

This building is 2 floors. The 1st floor has a stock room, office and a kitchen area and the 2nd floor has two bedrooms with a bathroom. If you want to change the space into residential you will need to apply to the council. 

 



Tenure
Leasehold Opportunity. The rent is £1,299 per month. 



Hours
The current trading hours are:

Monday to Saturday - 7:00 am to 6:00 pm

Sunday - 7:00 am to 4:00 pm



Staff
The business is run by the owner with support as required.



Financial Profile
We are advised that the business generates a turnover of £201,600 with a net profit of £60,480.



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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.

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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.

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