For Sale

Idyllically Located Newsagent & Sweet shop

Buckingham, Buckinghamshire

£45,000 +SAV

Ref: B04961

Contact sales negotiator

Liam Miccoli

01204556309

Email Liam Miccoli

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Description

Hilton Smythe welcomes to the market Rogers Deliveries.

The business has been operated by the current vendor for over five years in which time the business has grown and established itself in the local community and surrounding areas with an enviable reputation for customer service and which, due to retirement, this rare and exciting opportunity has now become available.

The main activity of the business is a substantial Newspaper and magazine delivery service which has built up an enviable reputation and established a number of newspaper and magazine rounds which total over 27 serviced deliveries within Buckingham and the surrounding villages.

The business also stocks a wide range of gift cards and loose sweets which are now becoming the growth area of the business and offers an excellent opportunity for the new owner to expand this side of the business further.

The opportunity would suit either an established operator looking for an additional site with cross selling potential or an individual or partnership looking to acquire a profitable lifestyle business which has huge growth potential.

The business has great scope for expansion by developing a strong on-line presence to promote the existing services and to grow the loose confectionary side of the business which offers excellent returns and is in a niche sector with little competition in the area.

The business has a huge customer database which could be used to upsell other products and services without the need for cold calling or leafleting and with residential development within this sought-after area increasing, there is real growth for new customers to both new and existing services.

The business would make an excellent lifestyle business, the new operator can easily extend the range of products and increase the current opening hours maximising the footfall past the shop and increasing the turnover and profitability further.

A very rare local business opportunity.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £12,600 per annum with 6 years remaining on the current lease.


Hours

The opening hours are currently 5.00am to 9.00am Monday to Sunday for Newspaper sorting and deliveries.

The shop is currently open 9.00am to 4.00pm Monday to Saturday with a half day on Wednesday.


Staff

The business is run and managed by the current vendor with 1 x part time shop assist and 3 x part time delivery drivers.


Financial Profile

Accounts available on request

Location

Situated in the centre of the much sought-after market town of Buckingham within the picturesque Meadow Row shopping precinct.

The site is easily accessible on foot and by all modes of transport with easy access off all the surrounding road network links in and out of the area and with the benefit of plenty of pay and display parking close by.

Premises

Converted two storey premises within the sought-after meadow row development.

Main trading area with service counter, all racking, shelving and display carousels.

To the first floor is two additional storage rooms creating additional storage potential to accommodate business growth, one with a kitchenette and separate WC.

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