Newsagents For Sale In Chorley Lancashire Great Potential For Expansion Ref 00035 |
| Chorley Lancashire |
| This is a superb newsagents and card shop in a busy area of Chorley with great footfall and passing vehicle trade. The two owners now wish to retire from the business. DUE TO ILL HEALTH THE OWNER IS WILLING TO LOOK AT ALL OFFERS FOR THE BUSINESS |
| BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 41672
ADVERT IMPRESSIONS : 14,772 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £OFFERS INVITED | | | | | | | | | | Add this business advert to your: | | | | | | | |
| | | | | | | BUSINESS DETAILS: | This is a superb busy newsagents and card shop in a busy area of Chorley with great footfall and passing vehicle trade. The current owners took over the family business from there parents 23 years ago. Fantastic potential for expansion..
The two owners now wish to retire from the business.
The business has National Lottery and Payzone commissions providing excellent additional income for the business
History
The business started in 1955 as a small corner shop and in the 1960's doubled in size by acquiring the shop next door. The business was one of the first to adopt the National Lottery when it began and also has Payzone for its customers.
The business accounts are current up to September 2009 and show a healthy profit from the current turnover.
The business is VAT registered
Other than the two owners sharing the workload of the business there are no other full time staff
The business employs three part time staff
The business is not tied in any way to a regular supplier
Property
The business is to be sold with the Freehold property it occupies. The owners have recently invested over £40,000 on modernisation of the premises to meet current standards for fire regulations. Two sizeable domestic flats with specfic access have been constructed upstairs in the building and are available for letting out.
Typical rentals for these flats are around £400.00* per month per apartment providing a good supplementary income for the new owners of the business.
Potential
This business has excellent potential for expansion given that 50% of the shop area is under utilised currently. If the new owners where to expand the range of products sold by adding a convenience store to the business considerable growth may be possible.
The owners wish to consider offers from prospective buyers for the freehold property and business.
You can place your offer through Forward Business Ltd by contacting us on Tel 0843 289 9715 or Fax Number 01942816216 e-mail mw@forwardbusiness.co.uk | | | | | | FOR SALE | | | | | REFERENCE: | 0035 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | |
