Newsagents for sale in Bispham

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Newsagents

Bispham, Lancashire, England

  • Leasehold Price: £28,950 + SAV  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £400,000
Seller Reference: 0RL125L
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Business Description
 
 
 
 
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Seller Reference: 0RL125L
Request Details
Business Description
* Newsagents
* Bispham, Lancashire
* Busy All Year-Round Trading Location
* Established Business
* Strong Trading Accounts
* Retirement Sale
* Priced to Sell
* Viewing Recommended

DESCRIPTION: Kenricks are pleased to offer this
well-known and popular Newsagents for sale.
The shop is situated in the busy all year-round
trading location of Red Bank Road in the Village
of Bispham in Lancashire.

The shop sells a range of newspapers, magazines,
cigarettes and tobacco, stationery, sweets, chocolate,
crisps, cold drinks, stationary, and cards.

It also has Payzone and has a strong local newspaper
delivery trade. We have been informed there has been
an increase of 100 new customer newspaper deliveries
at the shop and also greetings card sales are up.

Ground Floor
Main Shop (approx. 730sq ft) with concealed lighting,
shelving to walls, display stands and a range of
refrigerated display cabinets and refrigerated display
freezer, servery
counter with electronic till.
Rear Office/Storeroom (approx. 263sq ft) with toilet.

Hours: Monday to Friday 5.15 am to 4.30pm.
Saturday 5am to 2.30pm.
Sunday 5.30am to 12noon. Reduced Opening hours during Lockdown.

BUSINESS: Accounts on application. We are informed turnover is in the region of £400,000 plus. We have also been informed that the shop is currently trading 13% up year on year for the first quarter. UPDATE: We have been informed the Newsagents has been trading on reduced hours throughout Lockdown and has still turned over £100,000 in 3 months.

AGENTS NOTES: CCTV installed

TENURE: Leasehold – We are informed there is a 10-year renewable lease from 3.11.2013 at a rent of £606.66 pcm

VIEWING: By appointment through Kenricks.
Tenure:
Leasehold
Location Details:
Bispham, all year round trading location
Leasehold Term:
We are informed there is a 10-year renewable lease from 3.11.2013 at a rent of £606.66 pcm
Listed by:
Request Details

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