Newsagents for sale in Greater London | Bizdaq
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** REDUCED** Popular Newsagents In Bromley

Bromley, Greater London

Asking Price £70,000
Turnover £300,000
Reference BIZ6652

Business overview

Stocking a wide variety of perishable items and offering essential everyday services for over 40 years, the store has built up an incredibly loyal clientele base which has enabled it to thrive as a profitable local business.
Its well-stocked premises and position within a highly populated area now allows for any new owner to smoothly adopt this easily operable newsagents and continue to trade at high levels.

Business details

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Business description

With in-demand items such as confectionary, alcohol, stationery, lottery tickets and cards on offer to the general public, the business has easily gained exceptional levels of repeat custom from both locals and passing trade. Harder to find services such as Paypoint, self service Hermes ParcelShop, photocopying, keycutting and Oyster card top-up as well as newspaper deliveries to around 150 customers have also contributed to the shop’s excellent annual turnover.

Operating from a double-fronted property, the business is spacious enough to accommodate all stock and fixtures. The shop is divided into two well-organised aisles, with a refrigerated cabinet to the left next to a standalone ATM and opposite a fully-stocked card shelving unit. The right aisle, lined with magazines and snacks leads to the rear ice cream freezer and customer counter, with tobacco and alcohol displayed behind. The shop comes complete with full EPOS and CCTV systems. Beyond the counter is a storage room used for deliveries. A two bedroom flat also lies above the shop which is currently occupied by the leaseholder and has the potential to be rented out for a monthly fee of £800-£1000.

With little need for advertising, the business gains more than sufficient custom as a direct result of its convenient placement within a residential area.

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