Our client has owned and operated this newsagents / convenience store now for circa. 35 years and has placed the business on the market to allow him to retire.
Turnover is derived from mainly the sale of newspapers, soft drinks, confectionery and crisps with a small line of groceries and convenience products. Our client made the decision not to offer alcohol sales – it is thought a licence could be reinstated with the required approval from the local council.
There is also a Lotto terminal and PayPoint facility along with further income derived from a parcel collection service offered from within the shop.
It is our client’s preference to retain the property and to sell the business. He may also consider rental offers for those looking at the unit for alternative use.
A new flexible length of lease is available with a starting rent of £13,000 per annum. Length of lease is negotiable, although a minimum term of 10 years is preferred.
Note: Internal size is estimated. Interested parties will require to satisfy themselves as to the actual square footage of the premises.
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