Convenience Stores for sale in Dukinfield

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Ian McGregor (Nov 2013)
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Leasehold Price: £24,950 Price Reduced Annual Turnover: £156,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market A & M Newsagents.  This traditional family run convenience store and newsagents has been established for many years, with our client successfully running the business since inception 4 years ago.

A & M Newsagents is very well supported by local residents seeing much repeat trade due to its prime location within the heart of this bustling community.  The business reports a fantastic turnover in the region of £156,000 per annum.

The newsagents is very well presented and fully fitted to a high standard throughout offering a wide range of products including newspapers and magazines, convenience goods, cosmetics, house hold goods, confectionary , cards, stationary, toys, drinks from a slush machine and much more.

We are advised by our client that the business has been accepted for lottery sales and should be installed in the next 4 weeks.  Scratch cards are already available.  The news sheets generate around £300/350 per week, with a delivery round in place.  We feel the delivery rounds could easily be extended within the area.

We believe the business could potentially apply for an alcohol license and open later to generate further income.  The business benefits from very low overheads with a peppercorn rent of only £75 per week.

We highly recommend early viewing, with all serious offers considered.  With the business genuinely coming to the market due to our clients other business interests.

LOCATION
The business is located in the vibrant town of Dukinfield, Greater Manchester.

A & M Newsagents occupies a prime trading location in a busy retail parade within a densely populated residential area of the town. The business is in close proximity to 2 comprehensive schools, 2 primary schools a disabled school and Ashley Sports College ensuring constant footfall in the area.

Dukinfield is around 6.5 miles from the City of Manchester with regular bus services running into the city.  Conveniently there is a bus stop within a short walking distance of the business and ample parking to the front of the parade.

PREMISES
The premise is at the end of a retail parade and briefly comprises.

Double fronted with vibrant signage, very well presented externally and internally.

Sales/display area - purpose fitted to suit trade, including- sales display counter, behind which is cigarette gantry, sweet scales, till, magazine/ news display unit, 4 upright drinks chillers, centre gondola, ice cream display freezer, slush machine, 3 rotating card displays, crisp display stands and ample wall display shelving around perimeter.

To the rear is a fully shelved stockroom and small kitchenette / office

We are advised there is a candy floss machine (currently not in use).

Large parking forecourt to front of parade of shops.

Private rear walled yard.

TENURE
We are advised leasehold

3 year lease

Rent is a peppercorn £75 per week.

HOURS
The business opens:-

Monday to Friday 7am – 7pm.

Saturday and Sunday 8am -  7pm

STAFF
This is a family run concern.

FINANCIAL PROFILE
The business reports a fantastic turnover in the region of £156,000 per annum.



Tenure: Leasehold

Listed by: Hilton Smythe
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