BURY - Newsagents Long Established Business WT £6,000 / News Sheet £2,200

Blacks are delighted to present this long established and licenced newsagents situated in a parade of shops with parking in Bury, Lancashire.

Lomas News has been operating on Parr Lane since 1986 when both business and property were purchased by the present owners. After a brief stint with tenants in place, the business is again owner occupied and has been successfully operating for the last 5 years and has a strong reputation. There are a variety of flexible options to suit any buyer with this proposition and initially the business is for sale, however this can include the self contained living accommodation with a view to purchasing the property also an option.

Externally the building stands prominently on Parr Lane occupying one end of a parade of shops and internally the business has a variety of displays in keeping with a traditional licenced newsagents.

Although the business has been trading for many years there, there is scope to develop the off licence aspect of the business and the chilled/frozen foods. It is understood that there was previous planning permission for a single storey 250sq ft extension. Lomas News has 8 morning and 3 evening newspaper rounds which brings in a regular income.

The business would be perfect for an owner operator couple who could take advantage of the healthy gross profit margin increase net profits with the capacity to dedicate more hours to the business.

With the flexibility of purchase options that this proposition brings, the buyer can consider the business only with or without the living accommodation, or looking to buy the property, an early completion is expected for this this long established business with strong reputation.