Thursday 24th of Apr 2014 - Members - Register - Brokers - Bookmark RightBiz
Advert Id: 78618

Newsagent Kiosk In Huyton Shopping Town Centre, L36 For Sale

Huyton, Merseyside
Freehold:
£29,950
Annual Rent:
£3,300
Asking Price:
£29,950
Business Sector:
Newsagents, Investment Properties, Shopping Centres
Business Details
Location
The business is located in Landsdowne way in the busy shopping village of Huyton Town Centre, in Merseyside. Huyton Village News, 1 Landsdowne Way, Huyton Village, Merseyside, L36-9YB. Other local amenities include Peacocks, Ladbrokes, William Hill, Hallmark, Greggs, Business History
This superbly appointed Newsagent Kiosk enjoys a first class prime trading location in a busy part of Huyton Shopping Centre and has been established for many decades as a newsagents. The Kiosk was originally a wooden built structure and was rebuilt as a larger brick Kiosk by the owner and has only ever had 1 owner throughout its history. It was featured on the front cover of the Knowsley News magazine for how successful this newsagent kiosk has been and because it is one of the longest running and most established businesses in Knowsley. The business has not been open during full trading hours for several years due to the owners ill health and benefits from good passing trade, has an excellent client base and is sensibly priced at £29,950 for quick sale. The business also benefits from a secure lock up cupboard for paper deliveries, another large secure storage cupboard and access to private toilets. Financial Profile
The owners will be pleased to discuss all the financial aspects of the business with prospective buyers. Tremendous Potential
SCOPE for National Lottery, Scratch cards, Bus Pass, Pay Point, tobacco, phone top ups etc, extended opening hours would also see increase in trade! Tenure
The premises are held on a good lease with a very reasonable rent for such an outstanding position Leasehold -10 year lease with 8 years left, Rent is £3300pa excluding VAT (£64 per week). Brick kiosk was built and is owned by owners. Opening Hours
Monday to Saturday: 8:30am 4:30pm (used to be open 7:00am-6:00pm)

Employees:
1 full time, 1 part time

Years established:
Over 40 years! Uniform Business Rates
Small Business Rate Relief does apply and there are no rates currently payable (The rates payable would usually be around £700)

Reasons for selling
The couple built and opened their newsagents over 40 years ago and are now looking to retire due to ill health. . .
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