Traditional Newsagent in Leicestershire For Sale

Situated in a small parade, unopposed trading position, residential area, LEICESTERSHIRE

Turnover £ 7,000
Price £149,500

Features

Old Established Newsagents & Grocery Store

DOUBLE FRONTED SHOP in the region of 630 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, 2 x EPOS till, PayPoint Till, cigarette Draw, VAPE gantry, modern adjustable shelving, open cool display unit (3 metres), RedBull Fridge, drinks display fridge (glass fronted upright double-door), glass topped freezer (3 meter), CCTV system (2 cameras).

Store room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 25% - 30% approx.. Wholesale newsbill £1,200 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £140 per week approx.
PARCEL SERVICES £200 per month approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing alcohol.

Staff

The business is at present operated by the vendor with 1 full time staff employed. 6 news rounds, delivery charge £2 - £2,50 p.w.

Trading Hours

7 Day week
MONDAY - SATURDAY 6am - 6.30pm
SUNDAY 6.30am - 3pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2026 with reviews every 3 years (next review 2029) at a current rent of £22,000 p.a. + VAT

Business Rates from April 2026 £800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1989, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote