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#Business ID: 13668

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MASSIVELY REDUCED Fantastic Leasehold Newsagents Prestwich Manchester

Business Location: Prestwich, Greater Manchester, England

Asking Price: £ 19,950 Revenue: £ 130,000 Cash Flow: £ 0 to 100k

Business Summary

Urban Locks Business Sales Ltd are delighted to offer to the market this well established Newsagents at the hub of a large and loyal community in Prestwich, North Manchester. Set within a very busy parade of shops next to the local metrolink station, the business has traded successfully for over 30 years and currently boasts a turn-over of approximately £2,500 p/w. Also surrounded by a huge residential community, there is huge scope to increase an already attractive turn-over.

www.urbanlocks.co.uk


The Business
Superbly positioned at the hub of a large community, this hugely popular Newsagents has been successfully trading for over 30 years, thus showing the longevity and success ratesthat the business has enjoyed. The Newsagents is located in Bowker vale, Prestwich, and is popular and well known throughout the surrounding local businesses aswell as being surrounded by a huge residential community. The area has an affluent and loyal population who utilise the local businesses. Surrounding businesses include offices and retail. Purchased only 6 months ago, the current owners are only looking to sell due to family commitments elsewhere.


Premises & further information
The shop is extremely well stocked with a large variety of sweets, chocolates, Stationary, Rustlers, Feasters Newspapers and much much more. There is also Payzone, and as well as applying for a National Lottery terminal, the current owners have just installed the new Health lottery that will certainly increase an already attractive turnover. The shop floor is approx. 220 sq. ft and to the rear is a stock room, kitchen area and toilet. The business comes fully fitted with an array of fixtures and fittings and is secued with alarm system and shutters.


Opening hours
Mon - Fri 6.00am - 18.00 Sat & Sun 6.00am - 13.30


Lease & T/over
We have been advised that there is 12 and a half years remaining of a 15 year lease. The rent is £125 p/w with rates tbc. T/o £2500 G/p 20 - 25% Demand is expected to be high, so early viewing via Urban Locks Business Sales is recommended.


Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.

Whilst these particulars are believed to be correct their accuracy is not guaranteed and they do not form any part of any offer or contract.

* Viewing strictly by appointment with Urban Locks *

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Prestwich, North Manchester

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