Business for Sale in Leicester , Leicestershire Leicester leasehold Newsagent with accommodation

Key Information

Reference

G35245G

Tenure

Leasehold

Status

For Sale

Region

Leicestershire

Sector

Newsagents

Weekly Sales

£4,844.00 Inc. VAT

Rent Payable

£16,500 pa, including accommodation

Business Rates

It is estimated that business rates (payable) are approximately £30 per calendar month.

Accommodation

No

Business Information

Are you looking for a turn-key business opportunity in the heart of Leicester? Look no further! A well-established newsagent with a strong reputation is now available for lease. A 2-bedroom apartment is part of the business, which can be used by the owner-occupier or rented for income. The current owner is only selling due to health issues, making this a genuine sale.

This newsagent offers a wide range of products including newspapers, magazines, stationery, greetings cards, tobacco, vapes and confectionery, as well as commissions from services such as Lotto, Paypoint, Amazon delivery and DPD. The shop has a loyal customer base and a steady stream of foot traffic. With a prime location and a strong reputation, this business is ready for a new owner to take it to the next level.

Don't miss out on this rare opportunity to own a profitable and well-established business.

The last 4 VAT returns (covering June 2021 - March 2022) show gross weekly sales of £4,844, plus commissions from the lottery, PayPoint and postal services.

The business is located in the LE5 area of Leicestershire.

• Accommodation is included.
• Scope for introducing convenience lines
• Possibility of converting to a symbol group
• Strong gross margins
• Owner remuneration of over £32,000

Offers around £65,000 + SAV | Ref: G35245G