Newsagent & Off Licence in Waterlooville For Sale

Detached property, excellent trading position, residential area, NEAR WATERLOOVILLE, Hants.

Turnover £ 5,200
Price £549,000

Features

Traditional Newsagent, with Convenience Grocery, Off Licence, Parcel Services & National Lottery

Parking to front for 2 vehicles.

SINGLE FRONTED PREMISES, in the region of 400 ft² - CCTV (8 cameras), industrial non slip lino flooring, suspended ceiling with light panels.

Sales counter, EPOS cash register, large 6 door display chiller, chest freezer with glass top, adjustable shelving, under counter tobacco gantry, vape display, card display, scales, etc.

Storeroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,200 p.w. with a Gross profit of 35% approx.. Wholesale newsbill £1,000 p.w. We are advised the sale year ended 31 March 2025 showed turnover of £220,179 and a G.P. of £85,729 We are advised the vendor has recently commenced as an agent for RELAY parcel services.

Staff

The business is at present operated by the vendors with family support as required. 5 morning newsboys employed, delivery charge £3.20 p.w.

Trading Hours

7 Day week
MONDAY - FRIDAY 6 a.m. - 6 p.m.
SATURDAY 6 a.m. - 1 p.m.
SUNDAY 6 a.m. - 12.00 p.m.

Potential and demand for increased opening hours.

Accommodation

FLEXIBLE LIVING ACCOMMODATION above, comprising;

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to

Ground Floor.

Lounge / Diner.

Fitted Kitchen.

Wet room (with Shower, toilet and wash hand basin)

Double Bedrrom

First floor living area comprising:

2 Double Bedrooms.

Bathroom with bath, wash hand basin and toilet

Stairs to second floor;

Double Bedroom

Single bedroom.

Separate toilet and wash hand basin.

Outside

Rear enclosed lawn with trees and shrubs and large patio area

Tenure

FREEHOLD

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £549,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 384,300 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote