Business for Sale in Scunthorpe, Lincolnshire Thriving Freehold Newsagents with Accommodation in Scunthorpe

Key Information

Reference

T035241G

Tenure

Freehold

Status

For Sale

Region

Lincolnshire

Sector

Newsagents

Rent Payable

N/A

Business Rates

Nil (SBRR)

Accommodation

3 Bedroom duplex flat

Business Information

Are you looking for an excellent entry into the world of newsagents, off-licences or convenience stores? EMF presents this thriving newsagent located in the vibrant industrial town of Scunthorpe. Perfectly positioned opposite a bustling shopping centre, this established business offers an array of products and services including an Off Licence, National Lottery, Newsround, scratch cards, stationery, postage stamps, greeting cards, gifts, and household goods.

Included in the sale is a spacious 3-bedroom duplex flat with its own entrance and a gated yard that fits two cars. This unique opportunity is available as the current owners are retiring.

In 2023, the business achieved impressive NET sales of £354,820 with a GROSS margin of 23%. There’s further potential for growth by introducing additional convenience lines, enhancing profitability. As an owner-operator, you can expect to earn over £65,000 annually.

Boasting a prime location with an alcohol licence, the new owner will have numerous possibilities for expansion. This is an ideal opportunity for first-time buyers looking to step into the convenience store market. Don’t miss this fantastic investment – get in touch with us today. For more details, quote reference number T035241G.

• Freehold
• Accommodation included
• Prime location
• Alcohol licence
• Established business

Offers around £260,000 +SAV | Ref: T03524

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