Hilton Smythe is delighted to welcome to the market Dokrat News, an extremely busy newsagents, which is ideally located on Alverthorpe Rd, Wakefield.
The business was established over 40 years ago with our client taking over in 1997. Only now is the business being offered to the market due to our client's desire to spend more time with family, and semi-retire.
The business currently operates 7 days per week and generates a turnover in the region of £140,000 per annum.
Our client offers a variety of goods including, cards, confectionery, soft drinks, ice cream and tobacco products as well as a parcel service point.
The shop is well presented and fitted out to suit the trade.
There is ample scope to increase the already thriving turnover such as expanding the news delivery round, extending opening hours, introducing lottery and further parcel delivery services. Also, there is an option to introduce alcohol sales.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
The business is located on Alverthorpe Rd, Wakefield.
The business is located amongst an abundance of homes and schools providing ample footfall.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is also well served by the a-roads, being within easy driving distance of the business, which links to the motorway network.
The shop boasts a corner position with excellent eye-catching signage and ample free parking.
Used as dry store for non perishables and equipment
Large central display stands with perimeter shelving
To the left of the entrance is the counter with ample confectionary display stands
Storage rooms behind the counter
Equipment included in the sale comprises of:
- Large drinks fridges
- Slat wall panelling
- Cigarette storage
- Large central display stands
The shop is secured with CCTV and a metal roller shutter.Tenure
We are advised the premises is leasehold with a new 5 years lease being offered with annual rent of £5,000
The business is rates exempt.Hours
Monday- Friday 6am – 6pm
Saturday 6am – 4pm
Sunday 6.30am – 1.30pmStaff
Owner ran with 1 staff memberFinancial Profile
The business reports an annual turnover for of £140,000.