The Paper Shop
- Price: £29,500
- Tenure: Leasehold
- Business type: Other retail
Our clients have owned and operated The Paper Shop in Dollar for over 11 years now and are placing it on the market to consider their retirement.
The business trades as a traditional newsagency business with a healthy news bill made up of both counter sales and deliveries along with a good selection of magazines.
There is an opportunity to develop the business. Some food to go offering would undoubtedly be successful with the footfall that is already generated and perhaps a more comprehensive range of stationery products and perhaps greetings cards, gift bags and wrapping paper would also assist.
The current owners have operated the business with reasonably restricted hours through their own choice. There would definitely be an opportunity here to develop what is already in place.
The current lease runs to 2nd December 2030 with the next rent review in September 2017. Current annual rent is £6,000 per annum.