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10:00 AM - 5:00 PM

Monday - Friday

129 Charles Street

Leicester, LE1 1LA

0844 800 3901

contactus@rbgates.co.uk

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[19AB227] Newspaper

Leicester, UK
£69,950/Offered Invited

Description

  • SUCCESSFUL LOCAL NEWSPAPER
  • ESTABLISHED SINCE 1996
  • Covering Nearby Villages Room for Expansion
  • REGULAR LOCAL ADVERTISERS
  • Ideal for expansion of existing advertising company

RB Gates Nationwide are pleased to present this established successful and independent community newspaper for sale. The business has been trading since 1996 and is extremely popular in the local area. We are informed 2018 provided a sales income of >£50,000 / net profit margin of >40%.

A significant number of local businesses regularly advertise within the newspaper giving a regular income in every publication. The newspaper is published 11 months per year and is delivered across this Leicestershire village and further nearby villages with the help of 62 unpaid volunteers showing the business has local support, which is of course transferable to a new owner. Not to mention further scope to expand and cover more of Leicestershire to increase revenue.

This business also has an online website presence (2x domain names / transferrable) which have a large scope for improvement by adding further chargeable online advertisements along with Google Ads and other avenues of revenue from the traffic being received from the website. [Online traffic report available upon request]

Tenure RELOCATABLE

TURNOVER £54,687 [2018] (We are informed)

NET PROFIT £22,759 [2018] (We are informed)

SOFTWARE Available

BUSINESS TRAINING 4 weeks offered

EMPLOYEES 1 PT / Transferrable [62 Unpaid Volunteers]

Buyer’s Fee: 2% of Premium

Viewings: BY APPOINTMENT ONLY with the Agents RB Gates Ltd T/A RB Gates, Nationwide. Viewing is highly recommended as businesses such as these rarely stay on the market for long. [NO TIME WASTERS PLEASE]

  1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing to a sale.
  2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
  6. Confidential Information: You may download, store and use this material for your own personal use and research. You may NOT republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner’s express prior written consent. The website owner’s copyright must remain on all reproductions of material taken from this website
  • Address: Undisclosed, Leicestershire
  • City: Leicester
  • State/county: Leicestershire
  • Country: United Kingdom

Detail

  • Property ID: 19AB227
  • Price: £69,950/Offered Invited
  • Property Type: Advertising / Marketing
  • Property Status: For Sale

Contact info

RB Gates
RB Gates
0116 254 651907850066326

Inquire about this property

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