Newsagents for sale in Bispham

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Newsagents

Bispham, Lancashire, England

  • Leasehold Price: £25,000+ SAV  Price Reduced arrow_drop_down
  • Annual Turnover: £410,000
  • Annual Net Profit: £50,000
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
* On Target to Achieve £410k Turnover 2021
* 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 a strong local newspaper
delivery trade.

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 5.30 am til 4pm.
Saturday 5.30am til 1pm.
Sunday 5.30am til 12noon.

BUSINESS: Accounts on application. We are informed turnover is in the region of £400,000 plus. UPDATE: We are informed that the accounts are on target this year 2021 to achieve £410k turnover and £50k Net Profit.
Achieved year end 31/10/20 £370k turnover and £45k Net Profit.

AGENTS NOTES: CCTV installed

TENURE: Leasehold – We are informed a new 7 year Lease will be made available at a rent of £650 pcm

VIEWING: By appointment through Kenricks.
Tenure:
Leasehold
Location Details:
Bispham, all year round trading location
Leasehold Term:
We are informed there will be a new 7yr Lease made available at a rent of £650 pcm
Listed by:
Request Details

Find out more about this business opportunity.

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