Convenience Stores for sale in Wallasey

View the "Well located Newsagent in Merseyside" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Freehold Price: £155,000 Price Reduced Annual Turnover: £338,000 Annual Net Profit: £30,000
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Business Description

Intelligent Business Transfer are delighted to bring this efficient and well visited newsagent and convenience store to the market that trades within a deceptively large freehold unit in the town of Wallasey in Merseyside.

The business is very well stocked overall for newsagents and offers a dynamic and well suited range of produce that is favoured on by its surrounding population.

The weekly sales for the business averages at around £6,000 per week whilst there is potential to grow these by increasing the opening hours and further services. One avenue for potential would be to incorporate an alcohol licence into the large and split tier retail premise.

The building that the business trades from is deceptively spacious in size and would be ideal for family accommodation over three floors. The shop floor is highly efficient and is well stocked with a range of goods from a news bill of around £650 per week to gift cards.

The business has recently had news that they are now agents for Amazon, whereby couriers leave parcels with the shop for customers to collect. They have also been confirmed retailers for the National Lottery in addition to the scratch cards that they already sell. They are to be provided with training and the terminal is to be installed between December 2015 & April 2016. This is a major bonus for any potential buyer looking to takeover.

There is huge potential for development in the services area for the business. The large lock up unit is large enough to facilitate a greater stock holding as well as complimenting services for retail. Areas for immediate growth could be to expand of newspaper deliveries as well as elongated openings through a shared workload.
Tenure: Freehold

Listed by: Intelligent Business Transfer
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