3 Bedroom House with Freehold Licensed Newsagents Grocers Business for Sale in Bolton, Greater Manchester
Bolton, Manchester
- Status
FOR SALE
- Date Submitted:
14/02/24
- Advert ID
606733
- Reference
1310 / Rightbiz
- Call Agent:
- Freehold: £425,000
- Leasehold: £110,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Freehold Licensed Newsagents Grocers Business 3 Bedroom House Bolton Greater Manchester For Sale
AJF Commercial Business Sales are delighted to offer for sale this extremely busy and highly recommended Freehold licensed newsagents and grocery store with good sized 3 x bedroomed separate living accommodation in the beautiful village of Markland Hill, Bolton, Greater Manchester.
Location:
This highly profitable business with excellent living accommodation currently trades from premises that stand in a prominent village position just off the busy through road from Chorley to Bolton.
The business is surrounded by a wealth of residential houses and primary schools, one being just round the corner.
The business sees an extremely high volume of footfall from local residents and school children and thrives on much passing trade.
The town of Bolton is just a couple of minutes’ drive away and hosts an abundance of retail shops, complimentary businesses, primary and secondary schools and residential housing, with numerous new build developments currently underway.
The popular Middlebrook Retail Park with links to the M61 motorway is only just a few minutes’ drive away.
Business:
The newsagent was established in 1963 by our clients Grandfather and has been in the same family for the last 60 years.
The business sells a huge variety of newspapers and magazines, has 10 newspaper rounds throughout the village and also is an Evri Parcel Shop.
Our client also sells cards for all occasions, wrapping paper, groceries, frozen foods, toiletries, bread and cakes, stationary, ice cream / ice lollies, confectionary and crisps, beers wines and soft drinks, lottery and cigarettes.
The business also has a bean to cup coffee machine in place, and Greenhalgh’s hot pie oven / warmer ideal for those wanting coffee and food on the go.
The business is licensed to sell alcohol until 9.00pm Monday to Sunday.
Premises:
Business:
Large eye-catching double fronted ground floor lock up shop premises with good visible signage in a beautiful residential village setting.
Free car parking to the front and side streets of the business.
The premises are protected with an alarm and CCTV.
Entrance door leading to open plan shop / sales area.
Good sized serving counter with EPOS till, Lottery Machine and Cigarette Kiosk to the rear.
The business is fitted out with central isles and shelving to walls.
Throughout the store there are 2 x food chest freezers, 1 x ice cream and ice lolly chest freezer, 1 x double fridge chiller (for beers and wines), 1 x single fridge chiller (for a range of bottled soft drinks and cans).
Door leading to stock room with shelving.
Door leading to separate room to side with W/C.
Outside seating area to the front.
Living Accommodation:
Separate good sized 3 x bedroom stunning cottage with separate entrance door.
Stairs leading to first floor which briefly comprises:
Large open plan lounge with patio doors leading onto roof top garden with stunning views.
The Patio area hosts a range of chairs, tables, plants and shrubs.
Good sized double bedroom.
Large family bathroom with shower, bath, W/C and handwash sink.
Further bedroom currently used as a separate lounge.
Beautifully fitted kitchen with a range of appliances, wall and base units and sink.
Ground Floor consists of further bedroom.
Reason for sale:
The business is now only offered for sale due to family commitments.
Tenure:
We are advised that the tenure is Freehold.
Rates:
We are advised that the business is currently exempt from Business Rates.
Staff:
We are advised that our client has 17 part time members of staff and 10 members of staff on paper rounds.
Opening Hours:
Monday: 8.00am – 9.00pm
Tuesday: 8.00am – 9.00pm
Wednesday: 8.00am – 9.00pm
Thursday: 8.00am – 9.00pm
Friday: 8.00am – 9.00pm
Saturday: 8.00am – 9.00pm
Sunday: 8.00am – 9.00pm
Financial Information:
Turnover – Available on request.
Summary:
This is an exciting opportunity to purchase a thriving business with good sized separate living accommodation in a beautiful village location with no direct competition.
This is a ‘walk in start trading’ opportunity and with its extremely high turnover, strong customer base and much repeat custom from the village residents and school children, this is one not to be missed.
This business and property must be viewed to appreciate the work and commitment of our client over the years to build up the business as we see it today, coupled with the fact of the added bonus of having separate living accommodation, this would make an ideal family purchase or partnership.
Therefore, AJF Commercial Business Sales certainly recommend early discussions to view.
Contact Details:
If you would like to contact us to discuss the business in further detail or to arrange a viewing, you can by the following methods:
Telephone – 01204 325 101
Email – [email protected]
Website – www.ajfcommercial.co.uk
You can also find us on:
Facebook – AJF Commercial Business Sales
Twitter – @ajfcommercial
Instagram – @ajf_commercial
LinkedIn – AJF Commercial Business Sales
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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