Flagship Newsagents Convenience Southport | | Southport Merseyside | | Busy Newsagents with Freehold or Leasehold options. Excellent trading location - well established Turnover iro £5100pw huge scope to increase or diversify. Freehold option includes private accommodation - letting flat & well kept garden with Old Bakehouse | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66372
ADVERT IMPRESSIONS : 8,399 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £289950 | LEASEHOLD: | £55000 | ANNUAL RENT: | £7800 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | DESCRIPTION & LOCATION
An opportunity to acquire this spacious Newsagents occupying a busy parade position in a sought after trading location. Having the benefit of excellent schools and amenities on the doorstep and the beach just a short drive away. Southport famous for its Flower Show – the seaside resort with stylish and elegant shops, superb restaurants, great festivals and events all year round attracting many visitors to the area. This Newsagents is well placed to take advantage of the footfall those visitors bring. With the option to lease the shop only or to purchase the Freehold to include the three-bedroom accommodation over the shop and the letting flat plus the very pleasant garden with old bakehouse to the rear - this is a very attractive package being offered at a competitive price.
PREMISES
An attractive spacious double fronted premises with eye-catching signage. The Sales Area (approx 32’2” x 14’3” or 9.8m x 4.34m) having suspended ceiling with light diffusers and non-slip flooring. Comprehensively equipped for the trade with extensive magazine and paper racking, various card and gift wrap displays and toys. Irn Bru drinks chiller, double door drinks chiller and triple deck Walls conservator. Serve over display counter with snacks/crisp displays, confectionery display and perimeter shelving for general provisions. Cigarette gantry to rear of counter which houses the Casio 240CR cash register. To the rear of the shop is access into the Stockroom (15’x 11’3” or 4.57m x 3.43m) with shelving and rear window.
Office (10’9” x 8’3” or 3.28m x 2.52m) with wall mounted heater, floor safe and dual aspect side windows.
Staff Cloakroom(8’8” x 2’10” or 2.64m x 0.87m) with wc and external rear door.
PRIVATE ACCOMMODATION
Ground Floor
Rear Door opens into Kitchen with access into:
Cloakroom/Utility Room (approx 9’5” x 5’ or 2.87m x 1.53m) with storage cupboard, plumbed for washing machine and dryer, low level wc and pedestal sink – rear window.
Kitchen (approx 20’4” x 9’1” or 6.2m x 2.77m) with dining area, spotlighting and ceramic tiled flooring. Fitted wall & base units, worktops, double sink drainer with water purifier, plumbed for cooker, radiator side window and access into walk in storage cupboard with Protherm central heating boiler.
Lounge (approx 16’11” x 12’1” or 5.16m x 3.68m) with beamed ceiling, multi-purpose fuel stove, radiator and dual aspects to side and rear.
Hallway – with staircase to first floor accommodation which is laid out as follows:-
Landing Area with radiator, loft access and side window and access into:-
Bathroom (approx 9’9” x 6’8” or 2.97m x 2.03m) twin grip panelled bath, pedestal sink and low level wc. Separate shower room with Aqualiser shower, radiator and rear window.
Bedroom 1 (11’2” x 9’8” or 3.4m x 2.95m) double room with fitted wardrobes and radiator – front facing.
Bedroom 2 (14’4” x 6’8” or 4.37m x 2.03m) single room with spotlighting, radiator and front aspect.
Bedroom 3 (9’10” x 9’4” or 3m x 2.85m) double room with fitted wardrobes, radiator and rear facing window.
Exterior – a most attractive garden with paved area greenhouse, bakehouse and side gate opening out to main garden mainly lawned with well stocked borders, patio area for seating and timber shed.
Bakehouse (approx 22’6” x 13’6” or 6.86m x 4.11m) attractive brick built building with Belfast sink, shelving and side windows currently utilised as workshop but could be converted to annexe if required.
Letting Flat - own separate side entrance:-
Hallway – with staircase to first floor
Landing Area – (approx 16’6” x 5’1” or 5.03m x 1.55m) with radiator and loft access and side window.
Lounge (approx 16’7” x 10’11” or 5.06m x 3.33m) fireplace with electric fire, radiator and two windows to front overlooking shop.
Bedroom (approx 12’4” x 8’ or 3.76m x 2.44m) double room with radiator and rear window.
Kitchen (approx 9’9” x 6’3” or 2.97m x 1.91m) with side bay window, wall & base units, plumbed for cooker, washing machine, stainless steel sink/drainer.
Airing Room – walk in room with Ideal Mexico central heating boiler.
Bathroom (9’4” x 8’5” or 2.84m x 2.56m) with twin grip bath with pedestal sink and low level wc, radiator and rear window.
N.B. The vendor currently rents out the flat at £325 p.c.m which is a low rent for this area and is due for an increase.
TRADE & COMMENTS
An excellent business which is seeing an increase in turnover despite the credit crunch. With a current turnover iro £5100p.w. showing a gross profit iro 18%. With 80% of the papers sold before they come on to the premises and plenty of scope to extend the trade to sell more convenience items. There are 8 morning deliveries undertaken currently. Operated by our vendor and his wife on the following hours:-
Mon – Fri 0530 – 1730 (closed 1600 Weds)
Sat 0530 – 1700
Sun 0630 – 1230
Turnover for y/e 31 August 2009 was £264,146p.a. showing a gross profit of £45,969 up approximately £35,000 on 2008 figures. An excellent opportunity with plenty of scope to immediately increase the turnover by extending lines and even extending the square footage of the shop floor. The premises are offered on Leasehold (shop only) or Freehold options (to include accommodation flat and gardens) and we would advise early viewing to avoid disappointment.
TENURE: LEASEHOLD OR FREEHOLD | | | | | | FOR SALE | | | | | REFERENCE: | T24562NW / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
