| (REF: 1025) Leasehold Newsagent for sale, Tyldesley |
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| Seller Reference: |
1025 |
| B4S Reference: |
31943 |
| Asking Price: |
£64,950
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| Net Profit: |
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| Sales Revenue: |
£260,000 |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Tyldesley, Greater Manchester, United Kingdom |
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Hilton Smythe Commercial are pleased to introduce to the market, Graham's Newsagents, which has been under the careful control of our client for the previous 6 years, and is now reluctantly offered for sale as our client pursues other interests.
The principal activities of the business lie in the sale of some convenience goods, greeting cards, tobacco and confectionary as well as newspapers and magazines. The business also benefits from having a payzone facility and National Lottery terminal.
There is further scope to extend the revenue of the business by introducing extended opening hours. The business could also benefit from the sale of alcohol, albeit at present, the business does not hold the relevant licences at present.
With strong retail sales of circa £5,000 per week and Lotto sales of circa £3,000 per week, Graham's Newsagents offers a fantastic opportunity for the discerning purchaser.
The business also benefits from a number of news rounds both morning, evening and Sundays'.
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Property: |
Leasehold |
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Lease Terms: |
Leasehold
8 Years Remaining
Original Length 15 Years
Rent: £2,900 per quarter |
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Current Rent: |
£2,900 per quarter |
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Living Accommodation: |
No |
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Details of Accommodation: |
The main retail space is well fitted and presented,
with all the expected fixtures and fittings. There is
ample shelving along both sides of the premises
and down the centre.
Towards the rear of the unit lies a serving counter,
till point and lotto terminal, leading through to a
storage space, office area and WC.
The business benefits from a number of drink
chillers and chest freezers. |
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Location: |
Situated in Tyldesley within the Borough of Wigan;
Graham’s Newsagents benefits from a fantastic
trading location, amongst a parade of
complimentary shops, with ample car parking
spaces from the communal car park. Situated
within a densely populated estate, this business is
exceptionally well positioned. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday 6.00am to 6.30pm
Saturday – 6.00am to 7.30pm
Sunday – 6.00am to 1.30pm |
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At present the business is owner managed and is
assisted by 4 part time members of staff. |
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