Business for Sale in West Sussex NEWSAGENTS IN SHOREHAM-BY-SEA, WEST SUSSEX

Leasehold Price £35,000

Key Information

Reference
T35153T
Tenure
Leasehold
Status
For Sale
Region
West Sussex
Sector
Newsagents
Annual Sales
£227,162.00 Exc. VAT
Accommodation
No

Business Information

Located in a shopping precinct near the town centre and the mainline railway station in Shoreham-by-Sea, the business benefits from its close proximity to a large supermarket which helps to increase customer footfall. There is a public car park directly behind the shop.

This impressive and well maintained corner unit has a bright and spacious retail area. It is very well-equipped for the trade including high-quality fixtures & fittings, CCTV and EPOS systems. There are also good storage and office facilities to the rear of the shop. Please note that there is no living accommodation.

The business was purchased by the current owner 5 years ago and is now for sale only due to retirement. The shop sells a wide range of newspapers and magazines, greetings cards, toys and jigsaws along with stationery, cigarettes & tobacco, soft drinks, confectionery and ice creams. There are also full National Lottery facilities.

Current trading hours are: Monday to Saturday 8.00am – 5.00pm & Sunday 8.00am – 1.00pm. Accounts for the year ended 28th February 2021 show annual sales of £227,162 and a gross profit (including commissions) of £69,405. The existing rent is £8,750 per annum. We are informed by the landlords that a new lease will be available to new owners of the business.

LEASEHOLD £35,000 / REF: T35153T

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The Courtyard
30 Worthing Road
Horsham
West Sussex
RH12 1SL