| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,531 TIME(S)
BUSINESS REFERENCE : 9416 / RightBiz BUSY NEWSAGENCY MAIN ROAD POSITION | | | | | | Busy newsagency on main trunk road between M60 and Middleton town centre. T/O £3800pw and rising due to recent closure of off licence next door. Newsheet £1200+. Open 0530 - 1730 M-F, half days at weekends. | | | BUSINESS LOCATION: | Middleton Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SELLER: | Private Sale | FREEHOLD: | £120000 | LEASEHOLD: | £39000 | ANNUAL RENT: | £6500 | | | | | | | | | | | BUSINESS DETAILS: | This is a well established business (more than 80 years) on a main road position with ample parking outside attracting passing trade and local custom. The shop is located opposite a developing industrial estate with development plans in place for a block of flats and 120 houses nearby, and is in a densely populated area. I have owned and operated the business for 2.5 years with the help of 2 part time staff. The shop sells a wide range of newspapers, magazines, greeting cards, stationery, confectionery, soft drinks, groceries etc. I have invested in the ground floor of the property which benefited from a total refit when I took over the business. The property also has a large, dry cellar, an upper floor which is used for storage and has not been lived in for several years, but could be converted to 2 bedroom living accommodation if required. Due to the deteriorating health of my elderly parents, the demands on my time mean I cannot give the business a great deal of attention. There is huge potential for an enthusiastic owner/operator to increase the turnover and profits by extending the opening hours, introducing alcohol and expanding the grocery lines following the closure of the shop next door. Although not a good selling point, I would point out that an armed robbery took place at the property in January this year. I feel it is best to disclose this in case it is an issue to prospective buyers. The business and property was recently valued by a local estate agent at £145,000 so this is a great opportunity to acquire a well established and growing business at a bargain price. | | | | | BUSINESS STATUS: | FOR SALE | | | | | CONTACT: | Confidential Sale | | TELEPHONE: | Confidential Sale | | REFERENCE: | 9416 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
