Long Established Newsagents Has Been Purchased



Knightsbridge Business Sales has completed the sale of a long-established newsagents in Staines-upon-Thames, Surrey.

Established over 57 years ago, Howes Newsagents has been under the ownership of our client for the past five decades. The business offers newspapers, magazines, lottery, stationery, cards, top ups and confectionery, as well as holding 9 paper rounds. Howes is situated in a densely populated area with no direct competition and holds a weekly turnover of approximately £10,000.

In order to retire, our client instructed our services. Knightsbridge Business Sales sought out trade buyer, Teerat Singh, who purchased the business for £190,000. Mr Singh is looking to work in the business on a full-time basis, initially.