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Established Newsagents Business In Bury For Sale

Bury, Greater Manchester
Asking Price:
£54,950
Turnover:
£260,000
Net Profit:
Available on request

This well established business has been owned by our client since 2002 and is only for sale today due to our client’s unfortunate ill health. The business achieves its current level of turnover whilst closing at 8:00pm, therefore offers a tremendous opportunity to increase the current takings, by way of, for example, increasing the current opening hours.

Property information

Property:

Leasehold

Lease Terms:

New lease available, terms negotiable

Leasehold Rent:

£13,520 per annum

Location:

This business is ideally situated within Bury town centre, close to the Railway Station, surrounded by numerous office, places of work, other businesses and benefits from high levels of passing trade

Premises Details:

The electrically shuttered premises provide service counter, good sized central aisle, newspaper & magazine display area, confectionery display, ice cream display & freezer, dry goods display shelving, 4 drinks display fridges, open fronted chiller, small card display, store room, 2nd store room, WC facilities and exit to owner parking.

Business Operation

Competition / Market:

• Taking £5,000 per week plus £3,000 paypoint
• Gross Profit 25%
• Town Centre
• High levels of passing trade
• News Sheet £500 at cost
• Sale due to ill health
• Rent £260 per week
• Opening hours 7:00pm – 8:00pm Seven Days
• New lease available, terms negotiable

Trading hours:

7:00pm – 8:00pm Seven Days

Contact Information

    1. Your Address

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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