£0 £1000000
£0 £1000000

Well Run & Popular Newsagents Business

Okehampton, Devon

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Sold

£8,700 +SAV

Ref: B05810

Leasehold

Overview

Please Quote Reference B05810

Hilton Smythe are delighted to bring to the market a fantastic opportunity to purchase this busy paper shop/post office store with fantastic potential.

Laing & Taylor Paper Shop is a well-run and popular local business located in the busy Hatherleigh area only now being offered to market due to our client’s family commitments.

The store stocks a wide selection of convenience items including:

  • Newspapers.
  • Magazines.
  • Cigarettes.
  • Alcohol.
  • Confectionary.
There is scope to increase turnover by expanding some of the retail lines currently stocked, along with the introduction of lottery sales, pay point, introducing a grocer’s section.

The premises are in fantastic general condition and well maintained throughout.

This is an outstanding turn-key business which offers a new owner the opportunity to take this already thriving business to the next level.

Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.

Turnover
Laing & Taylor Paper Shop generated an advised turnover of circa £300,000, with a net profit of £65,000. For further information please reference B05810.

The business is run and managed by our client with the help of several causal and part time staff.

Monday - Friday: 06.00 - 17.30

Saturday & Sunday: 07.00 - 13.00

Hatherleigh is a small market town in west Devon.

The site is easily accessible by all modes of transport and on a main bus route with excellent passing trade with free on street parking to the side.

These are easily managed premises on the ground floor, with main shop area, rear.

The shop offers fixtures and fittings to include:

  • All racking and fixtures (mainly purchased sept 2016) except card units which are owned by Noel Tatt cards.
  • Vehicle - 2006 VW Caddy van.
  • Double fronted drinks fridge (sept 2016).
  • Sony Photo printer.
  • Paper shop computer and printer.
  • Storage lock up at the rear (5x7m).

Tenure
We are advised the business is being sold as a Leasehold.

New lease to be arrange by our client.

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