FANTASTIC LEASEHOLD NEWSAGENTS FOR-SALE - PRESTWICH, MANCHESTER
Price:
Leasehold - £35,950
Location:
Greater Manchester , Prestwich
Business Type:
Commercial Property, Retail businesses
BUSINESS DETAILS:
Suberbly positioned at the hub of a large community, this superbly run and hugely popular newsagent has been successfully trading for over 30 years,thus showing the longevity and success rates that the business has enjoyed. The business is located in Prestwich, North Manchester, and is popular and well known throughout the surrounding local businesses aswell as being surrounding by a huge residential community. The area has an affluent and loyal population who utilise the local businesses. Surrounding businesses include Retail and Offices. The current owners are only looking to sell due family commitments. The business has been run primarily by the owner for their 2 years of ownership, and has traded extremely successfully each year. The business sells a variety of stock including newspapers (and deliveries), magazines, drinks, Sweets, Chocolates, hot dinks, stationary, confectionary, slushes and Cigarettes etc. There is certainly scope to diversify the stock ranges on offer and Camelot have ben in contact to ad Lottery and the current owners are adding Rustlers and feasters to there range. The Shop Floor is Approx. 200 Square foot and to the rear there is a kitchen, stock room & Toilet area. The business comes fully fitted with an array of fixtures and fittings. The premises are fully secure, alarmed and a shutter to the shop front. We have been advised that there is 13 years remaining of a 15 year lease. The rent is currently £125 p/w and the rates are small business rates at £75.00 pcm. The business is currently trading from 6.00am - 6.30pm Monday to Friday & 6.00am - 1.30pm Saturday and Sunday. With a current Turnover of approximately £3,800 p/w and a G/p of 20%, there is terrific potential to add to the current business as stated above by possibly introducing Lottery etc which would offer tremendous potential for future business growth and development. We believe the business would be a perfect purchase for an owner operator who can fully utilise the potential on offer. DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS DUE TO ITS SOUGHT AFTER LOCATION
Set within a very busy parade of shops next to the local metrolink station in Prestwich
We have been advised that there is 13 years remaining of a 15 year lease. The rent is currently £125 p/w and the rates are small business rates at £75.00 pcm
The business is currently trading from 6.00am - 6.30pm Monday to Friday & 6.00am - 1.30pm Saturday a
UK Non-Specific
£ 800,000
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