Newsagents for sale in Birkenhead

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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: £9,950 Annual Turnover: £364,000 Annual Gross Profit: £54,600
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Business Description
Superb Trading Location
Weekly Takings £7,000 + £750 Lotto, £8,000 PayPoint, £3,000 Payzone
Well Established Business
Huge Potential for Alcohol Sales
Selling Due To Relocation
EPC - C

Blacks Brokers are pleased to bring to the market this well established and perfectly positioned newsagents business in Birkenhead Shopping Precinct, Merseyside.

AQ’s News & Sweets has been trading here on Milton Pavement since May of 2014. The shop was refurbished and set up by our client. The business provides a selection of news and convenience items & services such as sweets, snacks, drinks, newspapers and magazines mobile phone repairs and some mobile phone accessories. The mobile repairs alone has an income of £400 per month. As well as this the business has paypoint and pay zone increasing the takings even further.

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The business is placed well within a busy area and has a large and loyal customer base established. Offered for sale now as our client is relocating abroad, we have this excellent opportunity for a new owner to acquire a busy and profitable business that is already very well known.

The business is positioned well within Central Birkenhead Shopping Precinct, this is a very busy area with shoppers, locals and workers all passing by. Housed within a large, double fronted, mid terrace retail unit, the business is situated in pedestrianised shopping area with very high footfall. The shop front is glazed with clear signage and branding on display with offers displayed in the window. The shop floor is spacious, with products displayed on shelving and in display fridges with a central gondola. The tiled floor and lighting are modern and clean with good access to the counter and 2 tills at the rear of the shop with cigarettes and lottery also on offer. To the rear of the unit is a large storeroom and on the first floor are two toilets and two offices.

The 10 years Lease started on 30 MAY 2014 ( 7 years and 6 months left). The business council rate is £6340 per year. The service charge is £4,000 Per Year.

This business generates weekly takings of £7,000 with a strong profit margin and low rent for this area of only £347+VAT Per Week. There is much scope for expansion by extending the retail area and going into alcohol sales and other product lines such as cards and gifts, this along with longer opening hours could see takings boosted even further. Not to mention the possibility of a dry cleaning service on the first floor. Viewings are welcomed within opening hours by appointment only and are strongly advised as soon as possible to avoid disappointment.

Fixtures:
2 tills

Double Sided Gondola

Tobacco Gantry

Long Open Fronted Drinks Chiller

Confectionery Display

News Paper & Magazine Display

Mobile Phone Accessory Display

Cards Display

Toys Display

3 Tier Ice Cream Display

CCTV

Air Con Unit

Modern Wall Cladding

National Lottery

Roller Shutters

New double front slide door

Large Safe for Valuable Items
Trading Hours:
MON - SAT: 8:00 - 18:00
SUN: 10:00 - 16:00

Tenure: Leasehold

Accommodation Details:
Retail shop
Large Storeroom
2 Toilets and 2 offices on the first floor
Big Hall


Location Details: Birkenhead

Leasehold Term: Rent: £347+VAT Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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