| (REF: 2182) Newsagents and Convenience Store in Wrexham Shopping Arcade |
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| Seller Reference: |
2182 |
| B4S Reference: |
23375 |
| Asking Price: |
£169,950
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| Net Profit: |
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| Sales Revenue: |
£850,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Wrexham, Wrexham, United Kingdom |
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Preferred Commercial is pleased to offer for sale this busy newsagents and convenience store, which was established in 2007 by our client. The business is only now offered for sale due to our client's wish to retire. The modern premises are well-equipped and stocked with a wide range of groceries, newspapers, magazines, confectionery and cigarettes. Lotto facilities are also installed and are very popular. The business benefits from a high footfall from the bus station. The store currently trades six days a week, which generates a turnover in the region of £850,000, with a gross profit of 20%. We feel the turnover could be further improved by opening on Sundays and extending the opening hours. There is also potential to increase the sales area by expanding into the newspaper sorting area. This is an ideal opportunity to acquire an already popular newsagents and convenience store in a great trading location, which has further potential. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Leasehold |
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Lease Terms: |
Leasehold
Original length: 5 years
Remaining: 4 years
Review every: 5 years
Rent: £15,000 per annum
We are advised that the landlords are willing to offer a longer lease |
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Current Rent: |
£15,000 per annum |
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Living Accommodation: |
No |
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Details of Accommodation: |
Mid parade retail premises located in the main bus station in Wrexham town centre. Briefly comprising:
Ground Floor
• Shop area with modern light wood racking and shelving, EPOS system, area to the rear for organising newspapers and storage
• Large stairway landing area currently used as extra storage
First Floor
• Office with CCTV monitoring system, computer, desk, chair and filing cabinets,
• Kitchen with sink unit, table and chairs
• WC with wash basin
• Large storeroom with racking
External
• Modern frontage with space for external displays |
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Location: |
The News Stop occupies mid-parade premises, ideally located within the main bus station in the centre of Wrexham, Wales. The premises lie close to all the local amenities and the railway station is within easy walking distance. The business has easy access to the A-road network, with the M56 and M53 motorways to the north. Wrexham is the largest town in North Wales and is situated to the east of the region, close to the Cheshire border. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Sat: 6:00am to 6:00pm
Sun: Closed
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