Prime Southport Store with Exceptional Growth Opportunities

  • £59,950
Southport, Merseyside, England
Prime Southport Store with Exceptional Growth Opportunities
Southport, Merseyside, England
  • £59,950

Overview

  • Business, Retail Businesses, Newsagents,Newsagents
  • Property Type

Description

Smithies Newsagents: Unlocking Massive Potential

Reduced for Quick Sale:

Prime Southport Location with Exceptional Growth Opportunities

Offers Considered Over – £59,950
T/O over £200,000 p/a
Rent – 4 years remaining, easily transferred or extended to required length of years.
– £1,146 p/m
NO BUSINESS RATES
Smithies Newsagents, a cornerstone of the Southport community, is reluctantly offered for sale by its long-standing owners due to retirement. This well-established business has been a local favourite for many years, providing exceptional service and a wide range of products to a loyal customer base. This is an extraordinary opportunity to acquire a thriving concern with immense untapped potential.
Currently operating at only 60% capacity, Smithies Newsagents boasts a prime location in a high-footfall area without any direct competition. With extended opening hours and expanded product offerings, a new owner can comfortably and significantly increase turnover and profitability.

In addition to off-licence and news agency, Smithies also boasts bill payments, mobile top ups and National Lottery income streams. Furthermore, the business offers DHL and UPS parcel service access points, Stasher (luggage drop off) and Western Union, the largest money transfer in the entire area. All contributing to increased turnover and footfall.
Beyond the core retail business, this exceptional property also includes two one-bedroom flats, providing additional versatile accommodation options.
Key Features:
• Prime Location: High-footfall area with no local competition
• Huge Growth Potential: Increase turnover and profits significantly
• Additional Income: Benefit from two one-bedroom flats
• Established Customer Base: Enjoy a loyal and returning clientele
• Relaxed Lifestyle: Current owners have prioritised work-life balance
• Multiple Income Streams: Diverse offering of services provided

This is a rare chance to own a business with such significant upside. Don’t miss out on this opportunity to create a thriving enterprise.
Contact us today to arrange a viewing.
John Gavin- New Broad Street- john.gavin@newbroadstreet.co.uk – 07976 533389
Disclaimer: Figures quoted are approximate and for guidance only. Full financial information will be provided upon request and viewing.

Details

Updated on January 17, 2025 at 8:10 pm
  • Price:

    £59,950

  • Property Type:

    Business, Retail Businesses, Newsagents,Newsagents

  • Tagline:

    Newsagents

  • Annual Turnover:

    £200,000

Find out more about this business opportunity:

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