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Buzzing Retail Opportunity – Modern Newsagent In Prime Southport Spot For Sale

South Port, Lancashire, UK
Asking Price:
£59,999
Turnover:
£201,600
Net Profit:
Undisclosed

CoGoGo is delighted to bring to the market Smithies, a vibrant and well-established newsagent positioned in the heart of Southport.

Trading successfully for seven years under current ownership, this business has built a dependable local following and benefits from consistent footfall.

Smithies offers a modern convenience retail experience, catering to daily essentials, newspapers, magazines, and impulse purchases. The business presents a fantastic opportunity for a new owner to step into a profitable setup, with clear scope to expand product lines, introduce additional services, or enhance digital presence.

This is a genuine retirement sale, making it an exciting opportunity for an enthusiastic buyer to inject fresh ideas and take the business to the next level.

Early viewing is highly recommended.

Financial Profile

We are advised that the business generates a turnover of £201,600 with a net profit of £60,480.

Property Information

Property:

Leasehold

Location:

Situated on Hoghton Street in Southport, the business enjoys a busy high street position surrounded by a mix of retail outlets, hospitality venues, and residential areas, ensuring strong and consistent footfall.

Premises Details:

The business operates from a well-presented retail unit, fitted to suit a modern convenience offering. The layout is practical and customer-friendly, allowing for efficient service and product display.

This building is 2 floors. The 1st floor has a stock room, office and a kitchen area and the 2nd floor has two bedrooms with a bathroom. If you want to change the space into residential you will need to apply to the council.

Business Operation

Trading hours:

The current trading hours are:
Monday to Saturday - 7:00 am to 6:00 pm

Sunday - 7:00 am to 4:00 pm

Employees:
The business is run by the owner with support as required.