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Business

£45,995

Retail premises for sale

Newcastle Under Lyme, England, United Kingdom ST5

£45,995

Retail premises for sale
Newcastle Under Lyme, England, United Kingdom ST5

    Business

    About this property

      Business
      Please quote reference B08736

      Cogogo are delighted to welcome skn Food and Wine, a well-positioned convenience store in the heart of Newcastle-under-Lyme.

      Freshly established and already making waves, this business is ideal for a new owner eager to hit the ground running with a proven concept in a buzzing location.

      Perfectly placed in Newcastle-under-Lyme, skn Food and Wine enjoys steady footfall from local residents and passers-by. Whether you're nipping out for the essentials or grabbing an evening snack, the shop sits right where the community needs it. Ample street presence ensures excellent visibility and easy access for customers.

      Operating successfully for 6 months, this convenience store has built a solid foundation with a loyal local customer base. The owner is selling due to a desire to move on, creating a golden opportunity for a motivated buyer to step in and grow the business further.

      With a current annual turnover of £168,000 and a net profit of £33,600, the figures speak for themselves—this is a tidy, low-maintenance business with serious potential for growth. There’s scope to extend trading hours, diversify the product range, or even introduce services like a coffee-to-go station or parcel drop-off to boost revenue streams.

      Interested? Get in touch today to arrange a viewing!

      Location
      skn Food and Wine is located at 147 London Road, Chesterton, Newcastle-Under-Lyme, ST5 7JD.

      Premises
      The shop is welcoming, well-organised and easy to run—ideal for first-time buyers or experienced retailers looking to expand their portfolio.

      Tenure
      This opportunity is being sold on a Leasehold basis with a monthly rent of £1,200.

      Hours
      The store operates standard retail hours but could easily benefit from extended evening or weekend hours to tap into more local demand.

      Staff
      Owner-run with minimal staffing needs, keeping wage costs low and margins high.

      Financial Profile
      We are advised that the business achieves an annual turnover of £168,000 with a net profit of £33,600. Excellent profitability for a new venture with room to grow.

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