 | Large Newsagent With Spacious Accommodation In Devizes For Sale Devizes, Wiltshire, United Kingdom Advert ref: 3319PS FINANCIAL DETAILS | Asking price: £500,000 Sales revenue: £669,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Retirement sale of this freehold newsagents/stationers that has been with the same family since 1936. Very large property (in the region of 4,688 square feet, with enormous potential. Scope for three spacious two bed-roomed flats on first and second floors. Town centre location with excellent footfall. Successful trading record with scope for re-energizing. It currently sells a varity of products including; newspapers, magazines, greeting cards, cigarettes, stationery, specialist books, confectionary, soft drinks and paypoint agency. There is significant scope to increase sales by expanding the product range to fully utilize the very spacious ground floor retail space.
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GENERAL INFORMATION | Years established: since 1936
Employees: 4 full time, 3 part time
Trading hours: open daily
Property: Freehold
Living accomodation
The second and third floors are ideal for converting back to residential accommodation e.g. three spacious 3 bed flats or very large family accommodation.
Location
The business is located in an attractive grade II listed period building in the centre of a thriving Wiltshire market town. The frontage opens onto the main shopping street and the rear has access to a side street. The building was originally four separate premises that have been incorporated to form a single and extremely spacious property .
Expansion potential
Potential to use the enormous space available to increase the product range. Extensions to the product range may include:
Introducing a news delivery service, DVD’s, Game DVD’s and associated products, toys/board games, gadgets and expanding the stationary and office product range.
Support & training
A comprehensive handover will be provided
Reasons for selling
Retirement
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The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire | | | |
