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Established Family-Run Newsagents For Sale in Post Office, Greater Manchester

City of Manchester, Manchester
Newsagents For Sale within Post Office Greater Manchester Area Photo 1
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Newsagents For Sale within Post Office Greater Manchester Area
  • Status

    FOR SALE

  • Date Submitted:

    24/05/24

  • Advert ID

    611834

  • Reference

    3053 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £20,000 (Stock at valuation)
  • Rent: £5,980
  • Turnover: £197,600 (£3,800 Per week)
  • Net Profit: Not Applicable

Key Features

  • High Turnover
  • Close to Local Amenities
  • Established Business
  • Fully Fitted
  • New Lease
  • Prime Location
  • Attractive Business

Business Details

Newsagents For Sale within Post Office Greater Manchester Area

Are you looking for a well-established and family-operated business with an excellent location? This newsagents, situated inside a bustling post office, has been serving the community for an impressive 50 years, with the current owners at the helm for the past 20 years. The asking price for this thriving business is £20,000 plus stock at valuation (SAV).

The business operates with convenient hours: Monday to Friday from 07:00 to 18:00, Saturday from 07:00 to 18:00, and Sunday from 08:00 to 13:00. Despite not selling alcohol, the shop enjoys a healthy turnover with a £300 news sheet (counter sales only) and retail sales ranging between £3,000 to £4,000 per week. Additionally, the business earns £100 in lottery commission each week.

One of the significant advantages of this business is its low overheads, approximately £9,000 per annum, and no alcohol sales, making it easier to manage. The location is prime, situated near a school and next to a popular sandwich shop, ensuring plenty of passing trade on a main road. There’s also significant potential to increase business by extending the opening hours.

A new 15-year internal lease will be granted to the new owner, subject to landlord approval, with an annual rent of £5,980 and rent reviews every five years. This opportunity is perfect for anyone looking to take over a successful, low-overhead business with a loyal customer base and room for growth.

  • Vast scope to increase turnover
  • Low cigarette sales and high profit margins
  • Low operational overhead
  • Prime main position on busy parade
  • High footfall area
Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Newsagents For Sale within Post Office Greater Manchester Area - 3053 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.