Top North Lincolnshire Newsagents for Sale, Off Licence & Lottery, Relocatable
Scunthorpe, Lincolnshire
- Status
FOR SALE
- Date Submitted:
11/10/22
- Advert ID
501762
- Reference
T35241G / Rightbiz
- Call Agent:
- Freehold: £275,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Retirement Sale
- Offers Invited
- Accounts Available
- Close to Local Amenities
- Town Centre location
- Established Business
- Adjacent to Multiple Retailers
Business Details
Popular Newsagents based in North Lincolnshire.
Key Features:
- Freehold
- Accommodation included
- Prominent Position
- Alcohol licence
- Well-established business
Welcome to the opportunity to own this thriving newsagent in the bustling industrial town of Scunthorpe, brought to you by EMF. The business is well positioned and situated opposite a prevalent shopping centre. This well-established business offers a wide range of products and services, including an Off Licence, National Lottery, Newsround, scratch cards, stationery, postage stamps, greeting cards, gifts, and household goods.
The freehold sale includes a spacious 3-bedroom duplex flat with a separate entrance and a gated yard that can accommodate two cars. This unique opportunity is only available as the current owners are looking to retire.
The business generated a noteworthy £354,820 in NET sales in 2023, with a GROSS margin of 23%. However, there is still scope for potential growth by introducing additional convenience lines to increase profitability. As an owner-operator, you can expect to earn an excess of£65,000 per annum.
This business also boasts a prominent position with an alcohol license, providing the new owner with endless possibilities for expansion. Don't miss out on this exceptional investment opportunity, and make an offer today. Contact us for more information and quote reference number T35241G.
Freehold
Accommodation included
Prominent Position
Alcohol licence
Well-established business
Offers around £275,000 | Ref: T35241G
By requesting information about this business, you agree to be contacted by EMF regarding this enquiry and other relevant opportunities. You may opt-out at any time. For more details on how we use your information, please refer to our privacy policy athttps://emfbusiness.co.uk/privacy
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01858 469469.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
