Business for Sale in Newmarket, Norfolk - NEWSAGENT/SWEETSHOP - Leasehold: £99,500

Key Information

Ref
T33412E
Type
Retail Businesses: Newsagents
Location
England: Suffolk
Tenure
Leasehold
Status
Under Offer
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Occupying a delightful corner plot one street behind the bustling main road through Newmarket in the midst of an affluent and densely occupied residential area you will find this long established business. In the same family ownership for over fifty years, this is now ripe for a new owner to capitalise on the enormous goodwill built up over the generations and take this onto the next stage.

Newmarket is renowned for horse racing and attracts many visitors annually. Very close by is the main racing museum and Sweets is ideally located to take advantage of both local and passing trade as it is located on a crossroads opposite a pedestrianised area cutting through to the High Street.

THE BUSINESS ITSELF

With a turnover in excess of £450,000 this business enjoys the high G.P. you would expect. Boasting some eighteen daily and fifteen Sunday news rounds there is a constant throng of clients in the shop paying bills and making secondary purchases.

With some rebranding and increased stock levels there is much scope to capture more impulse purchases and we feel that under new owners this already profitable venture should provide a very good living.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

This shop enjoys a double corner aspect with the local church opposite and is close by the High Street yet enjoys being in the middle of a densely populated area.

The main shop measures some c. 450 sq. ft. with fridges, freezers, ice cream freezers and racking displaying limited lines of groceries, stationery and cards.

To the rear is an office/storeroom and w.c, the whole measuring c. 200 sq. ft.

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