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Abode offer an excellent investment opportunity to purchase a thriving high street business, in the popular main street of Uddingston. Presently trading as a newsagent with a food take away licence. The floor area is over three levels, and including a storage basement area is 115sq ft.
Abode Scotland offer an excellent investment/business opportunity run at present as a newsagent but with a take away food licence.
The business operates 7 days per week and generates a turnover in the region of £340,000 per annum, with a gross profit of approximately 25%. The turnover is generated from the sale of cigarettes newspapers, magazines, greeting cards, stationery, Lottery, stamps and phone top-ups, as well as deliveries to Uddingston & Bothwell .
The business has built up an enviable reputation within the area for the friendly service and high quality of goods available, which has resulted in a very loyal client base, with a high volume of repeat trade.
We feel the turnover could be increased by extending the opening hours of the business to later in the evening. A new owner could also embark on a small marketing campaign to highlight the business and services offered.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing of this busy newsagents must come highly recommended to avoid disappointment.