Newsagents for sale in Bolton

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £34,995 Turnover: £285,000 Gross Profit: £80,000
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Business Description
Hilton Smythe is delighted to welcome to the market A & A News, an extremely well-established and busy newsagent business, which is ideally located on Darwen Road, Bolton.

Our Client has owned the shop since 2010, only now is the business being offered to the market due to our client's desire to move onto another business venture. The business currently operates 7 days per week and generates a turnover in the region of £285,000 per annum.

Our client offers a variety of goods including:

• Newspapers
• Magazines
• Greeting cards
• Confectionery
• Soft drinks
• Ice cream
• Tobacco products

Our client also has a paper delivery service, with 9 rounds. News sheet at cost is around £2,300 per week. The shop also has an alcohol license allowing the shop to sell alcohol until 11pm, should the new owner desire.

The property has a well-presented retail area, fitted out to suit the trade. The rear of the shop comprises the staircase to upstairs comprising of storage room and bathroom.

The property has been kept up to date with refurbishment.

This is an excellent opportunity for a new owner, perhaps a partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

The business is located in Bromley Cross, Bolton.

The business is situated within a large residential community surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

Bromley Cross train station is just 10 minutes walk away.

The area is also well served by the A-roads, with the A666 being within easy driving distance of the business, which links to the M60 motorway network.

Ideally located the main road through Bromley Cross with ample passing trade and free on street and side street parking. The shop has great signage and benefits from being in a heavily residential suburb.

Ground Floor: Double fronted shop with fitted counter, non-slip flooring and door mat, am-ple shelving, slat wall paneling, tobacco gantry, tall chiller, ice cream freezer, monster fridge, counter confectionary display shelves, card stands, newspaper and magazine display.

First Floor: currently used as storage, bathroom.

The property has a roller shutter and a CCTV system.

We are advised the premises is Leasehold with annual rent of £9,360.

The business further benefits from being rates exempt.

Monday to Saturday - 6.00 am to 6.00 pm

Sunday - 6.00 am to 5.00 pm

The business is owner ran with 2 paper delivery employees.

Financial Profile
The business enjoys a regular weekly turnover of £5,500 including lottery at £800 per week. The strong news sheet averaging £2,300 a week.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
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