Newsagents In Flint For Sale

Business description

Flint

Residential Area

Long Established

High Street Location

Good Parking To Front

First Floor Rooms

Leasehold

Business History:
The business has been established for many years with the current vendor purchasing the business 5 years ago. It has subsequently developed into a one stop convenience store, serving local customers and passing trade from its high street location. The business benefits from good road side parking. The vendor now wishes to sell due to family commitments.

Business Profile:
The Vendor has transformed the business into a well presented and equipped newsagents and ‘one stop’ convenience store. The premises were very well presented at the time of our visit and the standard of fittings and displays were of very good quality. Tobacco and ‘news’ sales form part of the business profile. The sale of sweets, ice creams and non foods create a convenient ‘one stop’ shop for local residents and passing trade. The business benefits from a large selection of greeting cards & periodicals from well presented displays. There is a chiller display unit serving sandwiches, savouries etc. and refrigeration units displaying cold beverages.

Shop Floor / Service Counter:
Double fronted shop with shutters, plastic tiled floor, fluorescent lighting, vinyl flooring, service counter and chiller display cabinet. Periodical/card/tobacco displays and sweet stands.

Kitchen / Staff Room:
Plastic tiled floor, fluorescent lighting, stainless steel sink and drainer, shelving, exit to rear yard and W/C.

Storeroom / Office:
Carpet. Fluorescent lighting.

Room:
Carpet.

Second Floor Rooms:
There is additional accommodation on the second floor which we were unable to view at the time of our visit.

Outside:
The property benefits from rear parking and delivery area. Outhouse including W/C. The front high street benefits from road side parking.

Staff:
Three part time including owner plus five paper delivery personnel.

Fixtures & Fittings:
A full inventory of Fixtures & Fittings will be made available for potential purchasers.

Property information

Property:

Leasehold

Lease terms:

Financial Profile:
Turnover for year ending 5 April 2006. £392,383.The business has shown a continued growth year on year. Full certified accounts will be made available to interested parties. The business is VAT registered.

Tenure:
Leasehold. 5 years from July 2006. Rent £9,500 per annum. Jolley & Co have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Uniform Business Rate 2008 / 2009:
Chester City Council have verbally provided the following information:
Rateable Value: £6,700.
Rates Payable 2007/8: £3001.60.

Price:
Leasehold. £59,995 for the goodwill, fixtures and fittings, plus SAV.

Living accommodation:

Accommodation Included.

Location:

Location:
Flint is a busy market town on the mouth of the Dee Estuary in North Wales. It is close to the City of Chester with good road links to Liverpool, Manchester and the North Wales coastal towns. Following the A55 continue onto the A548. The business is in a prominent high street location, close to the railway station on the main high street shopping stretch. The business benefits from good parking and is located close to a ‘Bargain Booze’ off licence and directly opposite a busy Tescos express store (open from 7a.m). The Town has a busy market day on Friday.

Other information

Trading hours:

Opening Hours:
5:00am – 5.00pm Monday - Friday.
5:00am - 2:30pm Saturday. 5:00am - 12:30pm Sunday.