Long Established and Thriving Newsagents For Sale
Advert ref: #389
Category: Retail -> Stores
Location: England -> Midlands -> Derbyshire -> Chesterfield
Category: Retail -> Stores
Location: England -> Midlands -> Derbyshire -> Chesterfield
Business for sale
Asking Price:
£50,000
Turnover:
£260,000
Annual profit:
£28,000
Audited accounts:
No
Management accounts:
Yes
Business description
A well presented, long established and thriving Newsagents business occupying very spacious lock-up retail shop premises superbly positioned in an enviable, prominent busy High Street trading position at the heart of the pleasant and bustling North Derbyshire town of Clay Cross.The business is unopposed in the area and offers a very extensive range of counter news and magazines, with seven news delivery rounds over seven mornings each week. The business also retails a selection of tobacco products, confectionery and soft drinks.
‘Margarets News’ has been established since 1969, having been operated by our client (with two part time members of staff) for over 5 years since 2002. The business is now offered for sale due to the vendor’s impending retirement from the industry, presenting an excellent opportunity for continued development, with a high level of income to be achieved by the enthusiastic and hands-on new owner/operators.
Premises:
Extremely spacious and well-presented and well equipped lock-up retail shop with a variety of trade fixtures and fittings including shelving, display racking, chilled drinks cabinets etc. Customer service counter with electronic cash register. To the rear of the premises is a large storeroom, and a kitchenette and separate wc. There is a further large storeroom and separate office to the first floor, and also a large basement storeroom. Rear yard.
Offers: All offers are for the leasehold business, goodwill, fixtures and fittings and should be made to this office.
GENERAL INFORMATION
Trading hours: Mon to Fri: 5.30am -5.30pm (1.30pm Wed).Sat: 5.30am -1.30pm. Sun: 6.30am -12.30pm.
Property: Leasehold
Lease terms
Our client informs us that the premises are held on a 22 year lease from 1990. Rent: £458.00 per calendar month. Rates: Circa £900.00 per annum
Location
Clay Cross is a thriving and busy North Derbyshire village surrounded by magnificent countryside, superbly situated close to Chesterfield and within easy reach of Derby, Nottingham, and the Derbyshire Peak District, with excellent access to the major road and motorway networks. ‘Margarets News’ occupies a truly excellent and desirable main road trading position on the very busy High Street right at the centre of town, amidst a wide variety of shops and businesses. There is ample parking and in the local area.
Advert ref: 1451GT
Employee details
Fulltime staff:
0
Parttime staff:
2
