MASSIVELY REDUCED. WELL KNOWN BOOK SHOP IN WHITEFIELD MANCHESTER 80% GP
Price:
Leasehold - £12,000
Location:
Greater Manchester , whitefield
Business Type:
Retail businesses, Service Businesses
BUSINESS DETAILS:
Urban Locks Business Sales are delighted to offer to the market this Busy Book Shop in Whitefield, Manchester.
Situated within a parade of shops with an excellent trading position.
It is surrounded by a range of complementary shops, aswell as being a densely populated residential area. Having been established for many years, it is only now being offered to the market due to our clients ill health.
Ground floor lock up premises consisting of a main retail area of approximately 395 sq. ft and a stock room of approximately 125 Sq. ft aswell as w/c's. The shop is fully secure with frontal shutters, cctv system and an electric buzz in/out door.
The current owner only opens 4 or 5 hrs per day, therefore giving further scope to increase turn over which last year was £19,300 with a Gross profit of £15,200 (79%) We believe that this is a great opportunity for a new, motivated owner to build upon, by introducing longer trading hours aswell as introducing the business into online sales and creating a Website.
We have beem advised that the shop currently stocks thousands of new & used books with a high stock value including hard backs and paper backs with subjects from DIY to Classics, Novels, Medical, Horror and many many more.
Fantastic opportunity for a variety of people as the business has been priced to achieve maximum interest. Price includes stock and early viewing is strongly recommended.
There is a 2 year council lease remaining with the current rent standing at £5,500 p/a, but we have been advised that they would be more than happy to agree a new lease with any prospective buyer. There is also currently a full relief on Business rates.
* Viewing strictly by appointment with Urban Locks Business Sales *
|
|
Business Services that may be of Interest:
|
|
|