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Highly Profitable Fh Newsagency With Character Accommodation For Sale

Tuxford, Nottinghamshire
Asking Price:
£325,000 Furniture / Fixtures included
Sales Revenue:
£400,000
Cash Flow:
Available on request

Ellis & Ellis Nottinghamshire offer this highly profitable traditional newsagency serving the local community with news, magazines, cards, gifts, confectionary, toys, tobacco, soft drinks etc. It has been in the same ownership for approaching 25 years. Excellent family accommodation is included also.
The asking price is now reduced to £325,000 for the freehold & business.

Property information

Property:

Freehold

Living Accommodation:

First Floor accommodation. This comprises a rear facing kitchen, a dining room and a sitting room – both front facing. Also reception 2 or bedroom with walk-in storage area off.
On the 2nd floor is the bathroom, bedrooom 1, bedroom 2 plus the large front facing master bedroom.
Outside. The rear area includes a large private garage plus 2 stores.

Location:

The impressive property stands at the centre of this former market town and coaching stop on the Great North Road. (A1)

Premises Details:

Detached retail premises with rear garage and yard.

Energy Performance Rating:
D

Business Operation

Competition / Market:

The business has a monopoly of deliveries locally and in the surrounding communities.

Reasons for selling:

This is a retirement sale.

Trading hours:

5.00am to 6.30pm Monday to Saturday. 5.00am to 12.30pm on Sunday.
The owner has historically preferred to open early. It would not be essential for the buyer to open at this time.

Employees:
4 part-time staff are employed – excluding news delivery persons.
Years established:
The business has traded for as long as locals can remember. In the current ownership for 25 years.

Other Information

Support & training:

Full support and training will be provided.

Financing available:

The Vendor is willing to consider taking a residential property in part exchange. Each case will be looked at on its merit.

Furniture / Fixtures value:
£5,000 - included in the asking price

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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