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Freehold newsagents for sale £155,000
• Substantial three storey premises.
• Prime corner site trading location.
• Established for over 90 years.
• Spacious self-contained 3 bedroom flat – suitable for rental.
• Retirement sale.
• Opening Hours – Monday to Saturday 5am to 5.15pm, Sunday 5am to 12.30pm.
• No business rates payable.
• Annual Turnover £235,000pa, weekly newssheet of £3200pw.
• No alcohol sales.
• Scope to significantly expand internal sales area.
Aspire ( Business and Company Sales Specialists ) are delighted to offer for sale this sought after newsagents business in St. Helens, Merseyside. The business occupies substantial 3 storey premises in a prime trading location on a high-profile corner site. The premises have a wide frontage and prominent signage with ample free on street car parking facilities in the vicinity. The newsagents is on a busy retail street, surrounded by a wide variety of complementary shops and independent businesses which attract a high daily footfall and much passing trade. In addition, there is an extensive residential area and a number of schools nearby from which the business generates much repeat custom. The area is easily accessible to the town centre as well as the A580 East Lancashire Expressway and within comfortable commuting distance of all major North West conurbations.
The newsagents business has been established for over 90 years and has built up an enviable reputation and a loyal customer base. Currently the business generates an annual turnover of £235,000 achieving a 22% gross profit. It has a particularly busy newspaper side with an average weekly newsheet of £3200 per week. There is plenty of scope to develop the retail business further as there is the internal configuration to substantially increase the overall internal sales area and introduce a wider product range if desired. The traditional newsagents business has operated by the current owner for 22 years and has only now been brought to market due to retirement. Above the business there is an exceptionally spacious two storey self-contained flat with separate access which is ideal for the rental market or alternatively could be used for owners / staff accommodation.
The 3 storey freehold premises briefly comprise of:-
Ground floor – Newsagents Business.
Spacious, open plan retail sales area, wide sales counter, card payment terminal,
rear enclosed cigarette gantry, numerous card displays,
shelving / racking on perimeter walls.
Rear store room.
Additional store room.
WC and basin.
Rear exit door – to external enclosed yard.
Separate ground floor side entrance giving access to internal stairway to spacious 3 bedroom flat.
Landing, Kitchen, Bathroom, Double bedroom,
very spacious lounge with dining area and double windows – scope to sub-divide.
Open plan studio /double bedroom.
This is a unique opportunity to purchase such a well established newsagents business, in a prime trading location offering infinite scope to increase turnover further. Early discussions with Aspire, in confidence, must come highly recommended. Ref. 1944.
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