Simphi are delighted to welcome onto the market this well-established newsagent in a prime location in the town of Rochdale.
The business has been trading for over 20 years and has been under our clients’ ownership since 2001. It is only now being offered to the market due to our clients’ desire for a well-deserved rest.
The newsagent occupies substantial premises in an ideal trading location on a main road. The business is situated in the middle of the town centre and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.
The business benefits from being walking distance from the Rochdale Hospital.
The business also has ample on-street parking facilities to the front and side of the premises.
The newsagent operates from a large and substantial property. The business owners also own the freehold to the property and therefore any transfer of the lease will be smooth and quick.
This single fronted business has a large sign on the front door and front windows to identify itself from other businesses in the area.
There is further opportunity to convert the space and rooms upstairs into a rental accommodation. Our clients currently occupy the property for their own use.
The business briefly comprises of the following:
Ground Floor – shop floor, large storage to the rear, wc and a small kitchenette area.
First floor – Flat currently occupied generating income of £85 pw.
The business currently operates rent free since our clients own the freehold. Rent and lease will be negotiated with the current business owners.
Monday to Sunday – 06:00 – 19:30
currently owner managed.
Turnover: £156,000 pa
Gross Profit: Available on request
Our clients also offer other products, including; Pay Zone, Tobacco and Confectionery.
There is also potential for the new owner to increase the turnover by adding Alcohol and Groceries to its range.