Newsagents for sale in Bolton

View the "Freehold or Leasehold Newsagent for sale in Bolton" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Freehold Price: £319,995 Leasehold Price: £49,995 Weekly Turnover: £4,500 Annual Gross Profit: £60,000
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Business Description
The Business

Simphi are delighted to welcome onto the market this well-established newsagent business in a prime trading location in an affluent part of Bolton.
The business has been trading for over 20 years and has been under our clients’ ownership since 2000. It is only now being offered to the market due to our clients’ desire for a well-deserved rest.

This newsagent occupies substantial premises in an ideal trading location in Bolton business district. The business is situated in the middle of a main road and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.

The towns’ main entrance and exit to the M60 motorway passes through the road this business is situated on and therefore it thrives from commuters during all hours of the day.

The business also benefits from ample on-street parking facilities to the front and back of the premises.

Premises

This newsagent operates from a large and substantial property. The business owners also own the freehold to the property and therefore any transfer will be smooth and quick.

This double fronted business has a large sign on the front door and front windows to identify itself from other businesses in the area.

The property briefly comprises of the following:
Ground Floor: Shop floor, store room, kitchen
First Floor: 2 double rooms, 1 large living space
Second Floor: Loft conversion.

Tenure

The business currently operates rent free since our clients own the freehold. On a leasehold purchase the owner will be looking for rent in the region of £1500 per calendar month.

Trading Hours

Monday to Saturday – 05:30 – 18:00
Sunday - 05:00 – 14:00

Staff
The business is currently owner managed, both husband and wife run the business on a daily basis with 5 paperboys.

Financial Profile

Turnover: £4000 per week
Gross Profit: £60,000 Stock: £15-20,000 approx

Our clients also offer a wide range of other products, including; Tobacco, Newssheets, Greeting cards, Toys and Confectionery.

There is also potential for the new owner to increase the turnover by adding Alcohol, Lottery, Paypoint and Groceries to its range of products sold.

TO BOOK A VIEWING PLEASE CALL US ON 01204 771470 OR EMAIL SALES@SIMPHI.COM

Disclaimer
Simphi for themselves and for the vendor of this property whose agents they are given notice that:
1. These particulars do not constitute any part of an offer or a contract.
2. All statements contained in these particulars are made without responsibility on the part of Simphi or the Vendor.
3. None of the statements contained in these particulars is to be relied upon as a statement of representation or of fact.
4. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
5. The Vendor does not make or give and neither Simphi nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this business or property.
6. Any reference to the floor area is obtained from the official business rates figures, actual size may therefore vary, intending purchasers should, as stated above, perform their own due diligence.
Number of Employees: 5

Tenure: Freehold, Leasehold

Listed by: Simphi Limited

Find out more about this business opportunity.

 
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