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Licenced Convenience/Newsagent + Accomm - Haydock For Sale

St Helens, Merseyside, UK
Asking Price:
£269,995 Furniture / Fixtures included
Turnover:
£159,311
Net Profit:
£6,437

Main Road Trading Position
Accounts Available Year End 5th April 2019
Annual Turnover £159,311
Gross Profit £31,896
Accounts Available After Viewing
Self Contained Two Bedroom Flat
Long Trading History (80 years)
Ill Health Sale
Full Alcohol Licence In Place
PayPoint & Lottery Services Offered
Scope For Evening Opening
Potential To Introduce New Product Range
EPC – C

REF 6914 – Freehold Licenced Convenience/Newsagent + Accommodation

Blacks Brokers are pleased to bring to the market this freehold licenced convenience store and newsagent with accommodation located in a busy and densely populated area of Haydock, St Helens.

INTRODUCTION

Haydock News was established over eighty years ago and our client took ownership in 2002. The shop offers a range of products from newspapers and magazines to convenience and alcohol. The shop is very well known and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this main road trading position. Our client has ensured the business has an excellent reputation.

LOCATION

Haydock News occupies a prominent trading position close to other commercial properties and a large residential area. Parking is available to the front of the property and public transport links are good. The area is well linked by the M6 and Haydock Park Racecourse is only one mile away.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with one part time members of staff supporting our client working on a full time basis.

FINANCIAL DETAILS

Haydock News has traded solidly since opening and has a long and impressive trading history. Accounts for year ending 5th April 2018 show annual turnover of £159,311 and gross profits of £31,896.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This spacious detached property could lend itself to a range of businesses. At present, the business is trading very well and has a large base of regular customers in place. The accommodation within the first and second floor is spacious and presented well. There is plenty of scope to develop the existing business further with the introduction of evening opening, a delivery service and new product lines. A new owner may also look to invest in a shop refit to modernise the space. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Freehold

Business Operation

Trading hours:

MON - SAT: 05:00 - 19:00
SUN: 05:00 - 13:00

Contact Blacks Business Brokers

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