W/T £7,000, GP 25%, N/S £1,500, P/Z £1,500
No Competion in Area
Includes self contained 2 Bed Accom
Scope to Add Alcohol and Lottery Sales
EPC Rating - E
This is an outstanding opportunity to acquire a thriving freehold newsagents situated in a sought after area in the affluent village of Ramsbottom, Bury.
Bridge Street News has been trading since 1995 with the current owner but the business itself can be traced back to 1955, and is located on the Daily Telegraphs high street of the year. The town centre was a joint runner-up in the high street of the year contest, which was part of the Daily Telegraph's 'Reinventing the High Street' Campaign. The business is only being offered for sale due to the current owners lifestyle change and therefore this has created a rare opportunity to acquire such a well-established and respected business.
Externally, the building has a traditional appearance on its impressive corner plot location. Situated amongst other independent businesses, Bridge Street News is in prime location within the village. Parking is available. The business has striking signage and a distinctive appearance. Once inside the building the sheer size of the retail area can be fully appreciated.
The retail space has a central gondola that runs the length of the shop, providing a display area for greetings cards. The main counter is located to the rear of the shop, allowing the owner to oversee the entire sales floor from this vantage point. Bridge Street News operates a traditional delivery service which provides a steady and lucrative income stream and is still in demand for the area the business covers. The newspaper sales provide the strong foundations that the remainder of the business is built upon. To complement the retail sales, the business offers Payzone to service its clients. The business benefits from the many events that the village of Ramsbottom enjoys and these weekend functions help to boost sales and overall profitability. The business does not offer alcohol or lottery sales, an area any new owner could easily add which would boost income significantly, especially if later opening hours are put into place.
To complement the profitable business, Bridge Street News offers a new owner the benefit of two bedroom living accommodation. This living space is presented to a high standard and offers superb views over the Lancashire countryside from its elevated position.
Bridge Street News is an excellent opportunity for a new owner to enjoy all the benefits from this well established business and build up the business by offering other product lines, pushing the business to the next level. If a new owner did not wish to live on the premises, the accommodation could be let out to generate a second income for the new owner. Overall, the business and property are a tremendous and lucrative opportunity for a new owner and therefore early viewings are essential as a speedy completion is anticipated.Fixtures:
Ice Cream Freezer , Double Door Chiller, CCTV 4 Camera Upgradeable To 8, Magazine Rack, Card Rack, Cigarette Stand, Display Counter, Serving Counter, Suspended Ceiling, Alarm, Stock Room, Kitchenette, Wash Room
Saturday: 5.30am - 5.30pm
Sunday: 6.00am - 2.00pm
Sales Floor, Storage facilities. Separate Entrance, First Floor, L Shaped Lounge, Kitchen, Dining Room, Storage, Bathroom, 2nd Floor, Main Bedroom, Fire Escape, Second Bedroom
Location Details: Bury
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