Well Established Newsagents Cheshire | | Crewe Cheshire | | WELL ESTABLISHED NEWSAGENTS - CHESHIRE Early interest and viewing is highly recommended Affluent village location in Madeley, Crewe | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69220
ADVERT IMPRESSIONS : 4,739 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £39,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | WELL ESTABLISHED NEWSAGENTS - CHESHIRE
Early interest and viewing is highly recommended
Affluent village location in Madeley, Crewe
Advised weekly turnover of £4,000 - £4,500
Sale includes all fixtures & fittings
Affluent family village location
Well established business
Next to secondary school
Scope to sell more lines
Low weekly rent of £79
LEASEHOLD
Location
This well established newsagent is located in the desirable village of Madeley, in Cheshire. Madeley is located 5 miles (8.0 km) west of Newcastle-under-Lyme town centre and is close to the Shropshire and Cheshire borders. It is accessed by the A525 and sits between junction 15 and 16 of the busy M6 motorway but is far enough away to enjoy the peaceful and idyllic village location.
Business History
Meridian Business Sales are privileged to offer to the market this well respected village location newsagents. The business has been established for over 35 years and has been in the careful hands of our client for last year. This superb concern is being offered to the market due to our clients wanting to slow things down and semi-retire. During our clients ownership they have continually invested in new fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the turnover for the business is around £4,500 per week with an additional £300 per week taken on Payzone. The business sells groceries, newspapers, greeting cards, frozen foods and confectionary. The newspaper bill is around £1,100 per week and they have 6 morning delivery rounds, 5 evening delivery rounds and 5 delivery rounds on a Sunday. The business is owner operated and has 1 part time member of staff. We believe that there is still huge potential to increase turnover by adding more lines such as stationary and fruit & veg. Early viewing is highly recommended as this business cannot be missed.
Financial History
Turnover: £234,000pa
Stock approximately: £5,000
Newsheet: £1,000
Tenure
Leasehold
Original length: 3 years
Remaining: 2 years
Rent: £79pw
Opening Hours
Monday: 6:00am - 7:00pm
Tuesday: 6:00am - 7:00pm
Wednesday: 6:00am - 7:00pm
Thursday: 6:00am - 7:00pm
Friday: 6:00am - 7:00pm
Saturday: 6:00am - 7:00pm
Sunday: 6:00am - 2:00pm
Accommodation
On a busy parade of 6 shops located in the affluent village of Madeley in Cheshire, briefly comprising;
GROUND FLOOR
Door leading to retail shop with sales counter, sales and display shelves, 3 x central displays, newspaper/magazine shelves, drinks cooler, chest freezer and dairy fridge
Office/kitchen with sink, fridge, microwave, 2x ring hob plus tea and coffee area facilities
Store room with shelving
Toilet and wash basin
EXTERNAL
Vendors rear parking and single garage
Customer car park to front | | | | | | FOR SALE | | | | | REFERENCE: | 2798 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
