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BUSINESS REFERENCE : 6863 / RightBiz LEASEHOLD OR FREEHOLD NEWSAGENT & OFF LICENCE IN NORTH WALES | | | | | | Newsagent/Off Licence Holywell, Flintshire. W/T: £9,750. GP: 28%. Pay Point: £9,000 pw Lottery: £6,000 pw Prime trading location on high street. Substantial three storey premises. 3 double bedroom private living accommodation. | | | BUSINESS LOCATION: | Holywell Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £290000 + SAV | LEASEHOLD: | £149950 + SAV | ANNUAL RENT: | £15080 | | | | | | | | | | | BUSINESS DETAILS: | MNS Lateshop is situated in a prime trading location within the centre of the town of Holywell, in Flintshire, North Wales. The business is on the main pedestrianised thoroughfare within the town and is surrounded by a variety of other quality shops and businesses, which contribute to a high daily footfall. The premises have a wide double frontage and have a number of public car parks nearby. There are also a number of primary and secondary schools within walking distance of the business. Holywell is a particularly desirable residential area being surrounded by outstanding countryside and stunning scenery. Holywell is easily accessible to the A55 Expressway, linking Holyhead to Chester, which is 15 miles away and on to the M56 motorway.
Bag A Business is delighted to offer for sale this thriving newsagent & Off licence business, in such an enviable location in the centre of Holywell, North Wales. MNS Lateshop currently has an annual turnover of approximately £507,000,which is increasing week by week, achieving a 28% gross profit. The business benefits from the National Lottery, a Pay Point and is authorised to issue TV licences. It occupies a spacious three storey premises with the ground floor internal configuration to expand the sales area further if desired. The freehold of the property could be available by separate negotiation. This is a particularly attractive acquisition as there is also a three double bedroom living accommodation. Early viewing must come highly recommended.
FINANCIAL PROFILE
W/T: £9,750 approx
GP: 28% approx
Paypoint: £10,000
Lottery: £6,000
Newssheet: £2,750
OPENING HOURS
Sun - Mon: 5.50am - 9.00pm
Tues - Sat: 5.30pm - 10.00pm
PROPERTY DETAILS
Substantial period three storey premises, with ground floor newsagent business and spacious three bedroom private living accommodation, briefly comprising:
GROUND FLOOR
Main shop:
. Open plan sales area
. Central aisle
. Shelving and racking to suit trade
. Double drinks chiller cabinet
. 2 x single drinks chiller cabinets
. Confectionery counter with Lottery terminal
. Rear office and store
. Rear store with sink and external delivery access door
. WC
FIRST FLOOR
. Separate ground floor entrance from street
. Kitchen
. Bathroom
. Lounge
. Hallway
SECOND FLOOR
. 3 x double bedrooms
EXTERNAL
. Pedestrianised
TENURE
Leasehold
Original length: 10 years
Remaining length: 10 years
Review every: 3 years
Rent: £290 per week
Freehold option £290,000 + SAV | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 6863 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
