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Newsagent In Colchester Essex

£99 950  
  • Form
    Sale established business
  • Activity:
    Running
  • Established in:
    2010 (established 12)
  • Type
    Owner

You can confirm information provided by the seller in this listing through:

Business description

Hilton Smythe are delighted to welcome to the market this well-established and busy newsagent and convenience store, which is located in a prime trading location in Colchester, Essex. The long established business has been in our clients careful ownership since 2010 and is only now being offered to the market due to our clients other business interests. The business operates 7 days per week and generates a turnover in the region of £416,000 per annum, with a gross profit of approximately 25%. The turnover is generated from the sale of newspapers and magazines, general grocery items, frozen goods, confectionery, soft drinks, snacks, alcohol and tobacco products, to name a few. The business also benefits from having large newspaper delivery rounds. Our clients have built up an enviable reputation within the area for the high quality goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth referrals. The premises boast a spacious sales area and are well-equipped to suit the trade. We feel there is scope to increase the turnover by extending the opening hours of the business. This is a truly walk-in and trade business ready for a new owner to take it to the next level; therefore early viewing must come highly recommended to avoid disappointment.

  • Units:
    Operating business, Staff

Geography and location

Transaction terms

  • Price:
    £99 950

Corporate issues

  • Number of owners:
    1

Contact the seller

  • Type:
    Owner

Contact the seller

  • Type:
    Owner

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