Hilton Smythe welcomes to the market Clayton News and Booze.
There has been a newsagent on this site since the 1960’s, with the current owners successfully running since 2016. This is a reluctant sale due only to the owners having to return to Sri Lanka for personal reasons.
The store is a busy one with many regular customers many of whom are on first name basis with the owners. The store sells newspapers and magazines, tobacco products, wines, beers and spirits and general groceries.
In addition, the store generates Lottery tickets with sales of circa £700 per week, a Payzone terminal (£1000 pw approx) and a news bill of approximately £400 per week.
Scope to improve
Advertising and marketing campaign
Maximise use of social media
Introduce newspaper rounds, lots of older people in this area who would benefit.
Introduce a website
Offer a delivery service
Consider introducing a loyalty scheme/card to reward customer loyalty.
Clayton News and Booze is located within a large residential area of Newcastle-under-Lyme, Staffordshire.
The business is prominently situated in a main road position in a small but busy shopping parade alongside complimentary businesses. There is a bus stop immediately to the front of the shop with free on street parking outside.
Newcastle under Lyme is a market town in North Staffordshire with a population of approximately 75,000. It is served by the M6 motorway to the south and west and by the A500 road to the north and east.
The A34 trunk road runs through Newcastle from north to south and was the main road between Birmingham and Manchester until the M6 motorway opened. There is a large bus station in the town centre and most of the bus network is run by First Potteries Limited and D&G Buses.
Mid parade unit with good signage and briefly comprising: -
A generously sized and well-presented shop, double glazed doors and windows to front creating a light airy interior, tiled floor, suspended ceiling with concealed lighting, CCTV system.
Long open dairy chiller,
Triple stacked glass fronted ice cream freezer,
Glass fronted upright food freezers,
Perimeter shelving with two central shelving gondolas,
Greeting card racking with drawers beneath,
Open drinks chiller,
Counter with confectionery display below,
Scratch card dispenser,
Till and wrapping area with cigarette gantry behind,
Perspex newspaper display and magazine racking.
To the rear of the shop are a number of large stockrooms with fluorescent lighting, perimeter shelving and floor storage space. There are also two walking stores which offer useful additional storage space. Kitchen with stainless steel sink and drainer and cupboard beneath.
To the rear of the premises is a shared yard with parking for a number of cars and a rear door to the shop which is ideal for deliveries and saves stock being carried through the shop.
We are advised leasehold
Original lease 6 years
As of 2017 approximately 4 years remain.
The rent is £9792 inclusive of service charges.
The landlord is the local council meaning the lease is fully transferable and reasonably priced. There are no business rates currently payable.
The business opens: -
Monday to Saturday 6.30am-10.00pm
The business is owner managed by the current owner with the help of his wife.
The business currently generates a turnover of approximately £208,000 per annum.
Reasons to buy
priced to sell, this business valued at £52,000- £55,000 plus stock. It has been marketed at a lower price to facilitate a quick sale
Perfectly situated with an enviable reputation for service and many regular customers along with passing trade.
Ideal owner managed or husband and wife business
Real opportunity to increase turnover significantly, current owner been running at a pace to suit
Immaculately presented and maintained making this a real turnkey business.
First to see will buy!