Buy a Newsagent And Sweet Shop In Lytham business for sale in Lytham on BusinessesForSale.com

  • Listing ID: 888864
  • (Seller ref: 1311)

Newsagent And Sweet Shop In Lytham For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£495,000
Turnover:
£354,000
Net profit:
Available on request

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Preferred Commercial is delighted to offer to the market this busy traditional newsagent and sweet shop, which was established in excess of 100 years ago and has been in the careful hands of out clients for the past 23 years. It is only now, reluctantly being offered to the market due to their wish to retire. The business occupies a semi-detached 2 storey premises with a double fronted retail area. The shop generates a turnover of approximately £354,000 per annum with a gross profit of 27%. There is scope to increase turnover further with the introduction of longer opening hours, obtaining an alcohol license and applying for the Lottery. The newsagents has 14 morning rounds, 5 evening rounds and 14 Sunday rounds with a newssheet of approximately £3,000 per week. The business further benefits from comfortable self-contained living accommodation, which could be used by the owners or let out to provide further income. We feel this is an ideal opportunity for a couple or a partnership looking for a business in such a popular and affluent coastal resort. Viewing is highly recommended to fully appreciate the opportunity this shop offers.


Property:
Freehold
Location:
P & P Stanley Newsagents is located on Queen Street, just off the main promenade in Lytham, Lancashire. The business is situated at the edge of the town centre and is surrounded by complementary shops and businesses. The shop benefits from being within a densely populated area with free parking to the front. Lytham is a highly sought after and affluent area and is popular with tourists and lies to the south of the busy seaside resort of Blackpool. The town is renown for golf and boasts no less than 4 golf courses. There is easy access to Blackpool and Preston via the A584, which also gives access to the M55 and the M6 motorways. There is also a railway station in the town and Blackpool Airport is just a short drive away.
Premises details:
2-storey semi-detached retail premises with living accommodation above. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with sales counter, confectionery display, cigarette gantry behind counter, medicine display, ice cream freezer, double drinks chiller cabinet, wall racking and shelving for stationery items, centre isle display, magazine display shelving and display rack for maps
• Storeroom with shelving for stock, desk and computer, filing cabinet and chest freezer
• Kitchen, fitted with a range of wall and base units, 4-ring hob and oven, ample cupboards and storage space.
• Rear exit

First Floor
Living accommodation accessed via a separate rear entrance
• Single bedroom
• WC
• Bathroom
• Double bedroom with fitted wardrobes and drawers
• Small flight of stairs to double bedroom with fitted wardrobes
• Large lounge spanning the full width of the property and boasting 2 front facing windows
External
• Yard to rear

Trading hours:
Mon - Sat: 6.00am - 6.00pm
Sun: 6.00am - 1.00pm

For more information about this business for sale, click the Contact Seller button.


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