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Traditional Newsagents/convenience Store For Sale for Sale

Herefordshire

Leasehold : 35,000

The newsagents is located in the desirable tourist town and city of Hereford. Hereford lies on the River Wye, approximately 16 miles (26 km) east of the border with Wales, 24 miles (39 km) southwest of Worcester, and 23 miles (37 km) northwest of Gloucester. With a population of 55,800 people, it is the largest settlement in the county. It is now known chiefly as a trading centre for a wider agricultural and rural area. Products from Hereford include: cider, beer, leather goods, nickel alloys, poultry, chemicals and cattle, including
the famous Hereford breed.


TRADITIONAL NEWSAGENTS/CONVENIENCE STORE HEREFORDSHIRE
Well appointed and presented throughout
Early viewing essential to fully appreciate
Situated in the bustling area of Hereford
High amount of regular & repeat trade
Advised annual turnover of 150,000
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb newsagents which has been established for around 35 years and has been in the careful hands of our clients for the last 7 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 150,000 which is derived from the sale of newspapers and magazines with associated products and general store items. The news sheet is in the region of 690 per week at cost and our clients operate 3 morning rounds. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Monday: 5:45am - 4:30pm
Tuesday: 5:45am - 4:30pm
Wednesday: 5:45am - 4:30pm
Thursday: 5:45am - 4:30pm
Friday: 5:45am - 4:30pm
Saturday: 6:30am - 11:30am
Sunday: 6:30am - 8:30am
 
Accommodation: Well signed glass fronted property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Open plan store
Hot drinks machine
Drinks display
Magazine/newspaper rack
Free standing product displays
Food chiller
Ice cream chest freezer
Sweets/confectionery display
Fitted serving/payment counter
Cigarette gantry
Rear staff area
Storage room
Toilet facilities

EXTERNAL
Large public car park

 
Tenure: Leasehold
 
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180 Advert ID 48311    Sellers Ref : 3509/BSOL

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