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Well Positioned Newsagent And Grocer In Darwen For Sale

Darwen Lancashire
Hilton Smythe Commercial are delighted to introduce to the market this Grocers / Newsagents which has been under the careful control of our client since 2004, and is now reluctantly offered for sale as our client pursues other interest in life. The business itself deals mainly in the sale of newssheets, confectionery, alcohol and tobacco and generates a high income through the installation of an ATM machine and paypoint machine. Furthermore the business delivers news sheets to customers - and is the only newsagent in the area to do so. There are currently no facilities to provide National Lottery Services, however, our client has suggested that such, would greatly increase the profitability and would be relatively simple to accomplish
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67657
ADVERT IMPRESSIONS : 5,699 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Newsagents
SALE: Agent Sale

ASKING PRICE:

£180,000
 

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BUSINESS DETAILS:

LOCATION
The Sandon Street Grocers is ideally located within the heart of a densely populated residential area of Darwen.

BUSINESS
Hilton Smythe Commercial are delighted to introduce to the market Sandon Street Grocers / Newsagents which has been under the careful control of our client since 2004, and is now reluctantly offered for sale as our client pursues other interest in life.

The business itself deals mainly in the sale of newsheets, confectionery, alcohol and tobacco and generates a high income through the installation of an ATM machine and paypoint machine.

Furthermore the business delivers newssheets to customers - and is the only newsagent in the area to do so.

There are currently no facilities to provide National Lottery Services, however, our client has suggested that such, would greatly increase the profitability and would be relatively simple to accomplish.

PREMISES
As discussed the business is situated within a densely populated area of Darwen, and is well regarded within the local community.

The premises briefly comprises of a main selling area including fridges, shelving units, cash register and newsheet stands, further there is a spacious and well appointed stockroom.

The first floor of the property offers spacious living accommodation comprising of three separate bedrooms and a bathroom. The upper floor has a separate entrance, and with some minor work could be leased out as a separate flat to provide further income, or could make for ideal owner accommodation.

TENURE
Freehold

HOURS
The owner has observed the following opening hours:
06:00 - 22:00 Monday - Saturday
07:00 - 22:00 Sunday

STAFF
At present the business is owner managed, and employs one part time member of staff.

FINANCIAL PROFILE
Turnover is approximately £420,000 per year, and enjoys £104,000 per year gross profit.
   
  FOR SALE
   

REFERENCE:

1006 / RightBiz
   
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