Hilton Smythe is delighted to welcome to the market this well-established newsagents and convenience store in Hayfield, Derbyshire. The business was established in 1902 and has been in our clients` careful ownership since 2007. Only now is the business being offered to the market due to our clients` desire to emigrate.
The business is open 7 days per week and generates a turnover in the region of £312,000, with a gross profit of approximately 26%. The turnover is derived from the sale of newspapers, magazines, general convenience lines, groceries and hot pies. The business also benefits from a Health Lottery terminal.
Our clients have developed an excellent reputation within the area and benefits from a very loyal customer base with a high level of repeat trade. The business occupies well maintained 3-storey property, with ground floor shop area and 1-bedroom living accommodation above. The living quarters could be used as owners` accommodation or rented out to generate further income. We feel that turnover could be increased by extending the opening hours and the product lines offered.
There is also scope to introduce alcohol sales, subject to appropriate licensing. This is an excellent opportunity for a new owner to take this popular and well-established business, which is in a walk-in-and-trade condition, to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Hayfield News is ideally located in the picturesque village of Hayfield in High Peak, Derbyshire. The business benefits from ample on-street parking to the front of the property. There are a variety of businesses and amenities in the vicinity, as well as well populated residential areas, from which the business draws much of its trade. The newsagents are located on a main road in the village and benefits from a vast amount of footfall and passing trade.
Hayfield is set in the valley of the River Sett between the towns of Glossop, New Mills and Chapel-en-le-Frith. The village is often described as being at the foot of Kinder Scout. The area is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is in the town of New Mills, which is approximately 3½ miles away.
The village boasts easy access to the A-road system with the A624 running through the village, which links to the vast A-road and motorway networks. Buxton is approximately 10½ miles away and Manchester city centre is 18½ miles away.
Lovely mid 19th century 3-storey cottage with character and charm, briefly comprising:
Ground floor with:
Main sales and display area.
Racking and shelving to perimeter walls to suit trade.
Central display aisles.
Confectionery display area.
Single door display freezer.
Greeting card display area.
Gift wrap display.
Newspaper/magazine display area.
Stainless steel open chiller cabinet.
Hot drinks machine.
Serve over counter with EPOS system.
Lower ground floor with:
Cellar, currently used as a store room with access to patio area on river bank.
First floor with:
Staircase to living accommodation.
Lounge/bedroom with wooden flooring (tastefully decorated).
Small kitchenette with electric cooker, wall units and sink with drainer.
Shower room with shower and WC.
We are advised Freehold.
The business is open:
Monday - Friday: 5.30am - 5.30pm
Saturday: 5.30am - 5.00pm
Sunday: 5.30am - 4.00pm
The business is owner run and managed with casual staff as and when required.
The business is open 7 days per week and generates a turnover in the region of £312,000, with a gross profit of approximately 26%.
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