Summary
Established in October 2023 Hendon Newsagency & Gifts is primeley located in the bustling Hendon Central Shopping Centre on Tapleys Hill Road.
Location Details
Shop 5, 53-59 Tapleys Hills Road
About the Business
• Established 2023
• Primely located in newly developed complex
• Newsagency, lotto kiosk, and gifts
• 3 casual staff employed
• 7 year lease + 5 year ROR
Hendon Newsagency & Gifts is a modern, established retail business ideally located within the
bustling Hendon Central Shopping Centre on Tapleys Hill Road. Established in October 2023, the business occupies a prime position within a newly developed complex, benefiting from high foot traffic generated by a strong mix of surrounding retailers and services.
The business successfully blends traditional newsagency lines and a dedicated Lotto kiosk, which serves as a consistent traffic and revenue driver, with an extensive selection of giftware, greeting cards, decorations, and specialty items. This diverse offering allows the store to cater to everyday convenience shoppers, seasonal gifting, and special events across a broad local demographic.
Operating 7 days per week, the business is efficiently run by one working owner supported by 3 casual staff members. A 7 year lease is in place with a 5 year right of renewal, offering an excellent turnkey opportunity for a full time working owner, with immediate, stable cash flow and room for continued growth.
Eunice Tan 0435 383 398
RLA 283100
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