Profitable Newsagent with Lottery in Louth, Lincolnshire Up for Sale
Louth, Lincolnshire
- Status
FOR SALE
- Date Submitted:
07/12/23
- Advert ID
603640
- Reference
3812 / Rightbiz
- Call Agent:
- Leasehold: £97,500 (Stock at valuation)
- Turnover: £530,000 (£10,192 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Attractive Business
- High Turnover
- Established Business
- Large Business for Sale
- Prime Location
- Central Position in Affluent Village
- Accounts Available
- Retirement Sale
- Fully Fitted
- Town Centre location
- Adjacent to Multiple Retailers
Business Details
A Very High Sales Newsagent in Louth Town Centre, Lincolnshire
This is a particularly well-positioned and efficiently presented traditional News Agency with Lottery which benefits from a town centre location in the heart of this upmarket and sought after Lincolnshire Wolds market town and tourist centre.
Sales are an impressive £10,000 per week.
The shop can demonstrate an excellent level of profitability.
The business is part of a group of shops and is run under management currently.
However a strategic decision has now been made by the owners to switch the direction of their business, hence the decision to market this excellent business for sale.
A rarely seen business opportunity.
Contact Agent
Listing Statistics
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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.
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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.
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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.
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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.'.
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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.
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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
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