Flagship High Turnover Newsagents Formby Merseyside | | Formby Merseyside | | Daily Mail Flagship Newsagents in Upmarket Coastal location with high turnover iro £13500per week @ 29.9%gross profit. Smart well fitted ground flr unit with 1st flr office. Superb location - huge scope to increase sales. Early viewing invited. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71990
ADVERT IMPRESSIONS : 6,071 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | ASKING PRICE: | £195000 | LEASEHOLD: | £195000 | ANNUAL RENT: | £17500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | DESCRIPTION & LOCATION
An opportunity to acquire a superb High Turnover Newsagency in this upmarket town north of Liverpool and close to Southport. Formby famous for its beaches has a significant tourist industry popular with day trippers from Liverpool and other industrial towns in Merseyside and West Lancashire. The area of town this business occupies is known locally as The Village with tree-lined avenues, major retailers and ample parking. Having the benefit of excellent road and rail networks bringing in many visitors to see the local attractions and local wildlife. This business is extremely well placed to take advantage of the extra footfall that comes into the town and is located between M&S and Waitrose to further enhance its attraction.
PREMISES
The parade shop has a covered walkway and our vendor has an exterior paper display unit in front of the shop. The Sales Area (approx 324 x 167 or 9.86m x 5.05m) has fluorescent lighting and carpeted flooring. Comprehensively equipped for the trade with extensive magazine and paper racking, Lucozade drinks chiller, Cadburys and Walls ice cream conservators with Walls Cornetto soft scoop machine. Perimeter card displays, gift-wrap, stationery, gift and toy displays. Card & toy spinners, glove/hat spinners. To the side of the shop is the serve-over counter with confectionery, snack/crisp display. To the rear of the counter is a large cigarette gantry, 2x epos cash registers, credit card, lotto & health lotto terminals. To the rear of the shop is access into :-
Ground Floor Stockroom (approx 164 x 410 or 4.98m x 1.47m) with perimeter dexion shelving, stainless steel sink/drainer.
Staff Cloakroom Area with back up ice cream conservator and external rear door leading out to car park and private bin-storage area.
Staff Washroom (approx 58 x 311 or 1.73m x 1.19m) with low level wc and hand wash basin.
Staircase to first floor which is laid out as follows:-
First Floor Office/Stockroom (approx 194 x 163 or 5.89m x 4.95m) with vinyl flooring, tables and chairs, computer stations, cctv monitoring system and storage area.
TRADE & COMMENTS
Our vendors are well established in the community and the business has built up an excellent reputation in the area. Operated by a husband and wife team with one full time and 2 part time employees. Trading hours are currently:-
0530 1400 Sun
0530 1930 Sat/Wed
0530 1830 Mon Tue Thu & Fri
Turnover for year ending 30 June 2011 is £698,449 with a superb 29.9% gross profit providing a lucrative income for both vendors. They are due to increase delivery charges which will see an instant increase in revenue. An excellent business with plenty of potential. Held on a new five-year lease which is due to take effect on 4 May 2012 with a rental of £17,500pa and rates of £6720pa. An exciting business opportunity in a sought after area for which we would invite and highly recommend early viewing.
TENURE: LEASEHOLD
PRICE: £195,000+Stock at valuation
FINANCE: Finance is available subject to status, there is no obligation and
our advice is Free. Telephone 01704 211900. | | | | | | FOR SALE | | | | | REFERENCE: | T30227NW / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
