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BUSINESS REFERENCE : 8437 / RightBiz FREEHOLD NEWSAGENTS / CONVENIENCE STORE FOR SALE IN SALFORD, GREATER MANCHESTER | | | | | | Newsagents/Convenience Store Salford Turnover: £194,950 GP: 18.1% Scope to expand internal sales area. New school to be built at rear. 2 storey property completely refurbished | | | BUSINESS LOCATION: | Salford Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £194950 | | | | | | | | | | | BUSINESS DETAILS: | K & S News is located in a prominent and desirable trading position on Langworthy Road within Salford in Greater Manchester. The premises have an attractive wide frontage with ample free car parking facilities outside and are on a major bus route. The property is within a busy parade of other quality shops and businesses, which attract a high daily footfall. The surrounding area has been part of the award winning 'Urban Splash' redevelopment and regeneration project, creating a vibrant and popular residential area. A new school is due to be built at the rear of the business, as well as a new church and community centre close by. The area is easily accessible being just off the main A6 and only two miles west of Manchester city centre.
Bag A Business is delighted to offer for sale this expanding newsagent and convenience store, which is in such a prime trading location within Salford. K & S News has an annual turnover to August 2006 of £260,000, achieving an 18% gross profit. However, in the current financial year the business is averaging £5,600 per week and rising. The business is facing the new Urban Splash and New Church, there are also 22 residential apartments currently being built close by. The premises have undergone a substantial refurbishment programme including a new roof, full electrical re-wiring and plastering and benefits from an exceptional high standard of fixtures and fittings throughout. This is a particularly attractive purchase as there is also the internal configuration to significantly expand the overall internal retail sales area if desired. Early discussions with Bag A Business must come highly recommended.
FINANCIAL DETAILS
T/O: £260,000 approx
GP: 18.1% approx
OPENING HOURS
Mon - Fri: 6.00am - 6.00pm
Sat: 6.00am - 4.30pm
Sun: 6.30am - 1.00pm
ACCOMMODATION DETAILS
Two storey, mid-terraced property set within a busy parade of shops and businesses with two-bedroom private accommodation, briefly comprising:
GROUND FLOOR
Main shop/retail sales area with:
. Shelving/racking on walls
. Central aisle
. Single drinks chiller cabinet
. Newspaper/magazine racking
. Wide sales counter with electronic cash register
. Cigarette gantry
. Milk refrigerator
. Ice-cream freezer
. Greeting card racking
. Convenience stand
Rear storeroom and office area with:
. Desks
. Worktops
. Shelving
. Newspaper preparation area
Kitchen with units, worktops and combi-boiler
Back door to enclosed yard
FIRST FLOOR
Landing
Spacious lounge with feature gas fireplace
Double bedroom with built-in wardrobes
Bathroom with shower above bath, WC, wash hand basin and tiled walls
Double bedroom
(Planning permission has been granted for fire escape/entrance if wanting to create a self-contained unit to let out)
EXTERNAL
Wide frontage
Car parking
New 'corporate' shop front and signage
Titanium electric shutters
Rear enclosed private yard
Delivery access
TENURE
Freehold | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8437 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
