Freehold Busy News Wirral Cheshire | | Undisclosed Merseyside | | Busy High St News in prime location. Turnover iro £6000pw plus Lotto £4000pw plus Payzone £2000pw. Four bed private accommodation (in need of some renovation - not utilised) Potential to introduce Off licence/Convenience. Early viewing advised. Now Reduce | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72876
ADVERT IMPRESSIONS : 15,253 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £125000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | DESCRIPTION & LOCATION
An opportunity to acquire a busy High Street Newsagents occupying a prime location in this busy Wirral suburb. Currently operated as a Newsagents with greetings cards and confectionery but having huge potential to introduce Convenience Store/Off Licence lines to take advantage of the huge footfall the location brings. The spacious premises has four bedroom accommodation over the shop (not utilised by our vendor) which could be returned to living accommodation should new owners so wish. The well established business has a solid core business with a Lotto turnover that many Newsagents would be proud of – making this an excellent package for someone who sees the potential on offer. Realistically priced to achieve a sale in the current economic climate – we would invite and advise early viewing.
PREMISES
A well established double fronted Newsagents in an excellent trading location on a busy main road in this popular suburb on the Wirral peninsular having the benefit of nearby free parking. The Sales Area (approx 28’11” x 23’4” or 8.81m x 7.11m) has fluorescent lighting and carpeted flooring. Comprehensively equipped for the trade with extensive magazine and paper racking, various card and gift-wrap displays, Lucozade double door drinks chiller, Irn Bru double door drinks chiller, snack/crisp display, toys displays and stationery. The display counter houses the cash register and lottery terminal. The premises also have the benefit of security mirrors and CCTV monitoring equipment. To the rear of the counter is access into:-
Office Area (10’5” x 7’ or 3.18m x 2.13m) with stainless steel sink/drainer & instant hot water, worktops and CCTV monitor.
Rear Doorway – leading out into enclosed rear walled garden area.
Staircase leading to First Floor with access into:-
Staff WC – with low-level wc and hand wash basin.
First Floor
Storeroom 1 (8’5” into 11’2” x 13’3” or 2.57m into 3.4m x 4.03m) utilised as storeroom with some shelving and side window.
Bedroom (15’1” x 11’6” or 4.6m x 3.5m) with double front window overlooking shop.
Storeroom 2 (13’2” x 9’4” or 4.01m x 2.84m) rear window and walk in storage cupboard.
Bedroom (15’ x 12’7” or 4.57m x 3.83m) front aspects from double window.
Staircase leading to Second Floor with access into
Landing Area – with rear window.
Bedroom (15’ x 12’2” or 4.57m x 3.71m) with fireplace and front window.
Bedroom (13’1” x 6’10” or 3.99m x 2.08m) with rear aspect.
N.B. Our client does not live on the premises and the first and second floors are in need of some refurbishment – this however is reflected in the asking price.
TRADE & COMMENTS
An exciting prospect with plenty of potential to improving weekly turnover significantly. Currently operating as a CTN but ripe for introducing Off Licence/Convenience lines (Our vendor already has the liquor licence for the shop). We are informed that turnover is currently £305,000pa with a healthy 19.6% gross profit. There are three morning delivery rounds only – trading hours are:
0600 – 1800 Mon – Sat
0700 – 1230 Sun
Leaving plenty of potential to extend trading hours. Currently operated by our vendor with 1 full time and 2 part time staff. Business Rates are £2100pa. Now SUBSTANTIALLY REDUCED.
TENURE: FREEHOLD
PRICE: £125,000+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: | T25489NW / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
