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Newsagent And Tobacconist In Mansfield For Sale

Mansfield, Nottinghamshire
Asking Price:
£65,000
Sales Revenue:
£498,086
Cash Flow:
Under £50K

Prime Location in Town Centre
Prominent corner position
Annual Turnover £498,086 (audited)
Gross Profit £53,778 (audited)
Rent of £8664 per annum
Accounts available after viewing
Heavy footfall area
Scope to increase opening hours
Zero business rates
Ki

Introduction:
Regent News has been trading in the town centre of Mansfield for 50 years+. The business has been run by the current owner for the past 10 years with the help of 1 part-time member of staff. This is a very well known shop with a regular customer base.

Location:
The shop is situated in the pedestrianised town centre area of Mansfield. It is adjacent to popular high street stores such as: McDonald's, M&S, New Look, Greggs, Primark, etc.. The traditional market square is a few metres away with regular market days. The Four Seasons Indoor Shopping Centre is also within easy walking distance.

Lease:
Approximately 2 years remaining on the current lease, this can be re-negotiated for the new owner.

Potential opportunities:
Current opening hours are 6am-4pm, however, there is the potential to increase this to 5:30pm. The shop currently opens Monday - Saturday but this could be increased to include Sundays. There is the scope to increase sales by offering Payzone, phone top-ups and The Health Lottery.

If interested, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Leasehold Rent:

£8,664 per annum

Business Operation

Trading hours:

Monday - Saturday 06:00 - 16:00

Employees:
1

Other Information

Support & training:

Handover training available if required.

Contact Information

    1. Your Address

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