Newsagents, Off Licence, Tobacconist
Ref No: AA005
Location: Newport ,South Wales
Leasehold
Asking price: £35,000
A truly great opportunity to acquire an excellent Newsagents in a prime city centre location.
The business is located on one of the main high streets in Newport right in the heart of the retail sector and close to the main car park and shopping centre. It is therefore ideally located to attract passing trade and the footfall is very significant. It has established a small number of trade accounts and supplies the needs of staff from local banks, building societies and estate agencies in the vicinity.
The business has been established for a number of years and has a strong regular trade and a friendly and vibrant atmosphere. Its turnover is enhanced by offering a Pay Pal service that takes around £90,000 per month. This turnover generates a commission but more importantly customers visiting the shop to pay a bill usually buy other items while they are in the shop.
The premises are well appointed and stock a wide range of goods from Newspapers and magazines to soft drinks, sweets, cigarettes and tobacco. The business is licensed to sell alcohol.
They have also introduced a fax and photocopying service that has proved very popular.
The shop carries circa £8000 of stock.