6914 / Rightbiz
- Main Road Trading Position
- Accounts Available Year End 5th April 2018
- Annual Turnover £202,717
- Gross Profit £58,119
- Accounts Available After Viewing
- Self Contained Two Bedroom Flat
- Long Trading History (80 years)
- Ill Health Sale
- Full Alcohol Licence In Place
- PayPoint & Lottery Services Offered
- Scope For Evening Opening
- Potential To Introduce New Product Range
- EPC – C
REF 6914 – Freehold Licenced Convenience/Newsagent + Accommodation
Blacks Business Brokers are pleased to bring to the market this freehold licenced convenience store and newsagent with accommodation located in a busy and densely populated area of Haydock, St Helens.
Haydock News was established over eighty years ago and our client took ownership in 2002. The shop offers a range of products from newspapers and magazines to convenience and alcohol. The shop is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this main road trading position. Our client has ensured the business has an excellent reputation.
Haydock News occupies a prominent trading position close to other commercial properties and a large residential area. Parking is available to the front of the property and public transport links are good. The area is well linked by the M6 and Haydock Park Racecourse is only one mile away.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but sadly due to ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The business operates with one part time members of staff supporting our client working on a full time basis.
Haydock News has traded solidly since opening and has a long and impressive trading history. Accounts for year ending 5th April 2018 show annual turnover of £202,717 and gross profits of £58,119.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This spacious detached property could lend itself to a range of businesses. At present, the business is trading very well and has a large base of regular customers in place. The accommodation within the first and second floor is spacious and presented well. There is plenty of scope to develop the existing business further with the introduction of evening opening, a delivery service and new product lines. A new owner may also look to invest in a shop refit to modernise the space. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
BUILDING LAYOUT AND DESIGN
Haydock News operates from the ground floor of a spacious detached property. The accommodation is within the first and second floor and this is completely self contained.
The business has large branding and signage on display above a partially glazed frontage. Inside, the main shop is well presented with wall shelving, central gondolas and display fridges and freezers as required. The counter is positioned to the side with cigarette gantry behind and kitchen, staff toilet facilities and storerooms to the rear. CCTV and an alarm system is fitted throughout.
The accommodation comprises of two double bedrooms, large living room, fitted kitchen and family bathroom.
Fixtures & Fittings:
Chiller Display Fridge
MON - SAT: 05:00 - 19:00SUN: 05:00 - 13:00
Freehold Price: £294,950
Location: Saint Helens, Merseyside
Sector: Newsagents, Convenience Stores
Annual Turnover: £202,717
Annual Net Profit: £15,984