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Lottery And Licensed Newsagents In St Helens For Sale

St Helens, Merseyside
Asking Price:
£44,950
Turnover:
£484,120
Net Profit:
Available on request

This well established business has been owned by our client since 2004 and is only for sale today to allow our client to retire. The business achieves its current level of turnover, whilst having a latest close of 7:30pm, offering a fantastic opportunity to increase the takings, by extending the current opening hours.

This property has a premises Licence granted by the relevant local authorities. It is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.

Property information

Property:

Leasehold

Lease Terms:

New lease available, terms negotiable

Leasehold Rent:

£4,500 per annum

Location:

This business is ideally located in the middle of a parade within a large residential area, benefitting from ample surrounding parking and regular passing trade.

Premises Details:

The electrically shuttered premises with parking to the front provides good sized shop floor, lottery area, large service counter, store room, office, staff WC facilities and exit to bin area.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Competition / Market:

• Taking £9,310 per week including £1,480 lottery and £620 Payzone
• Gross Profit 25%
• Within residential area
• Regular passing trade
• Scope for later openings
• News Sheet £1,300 at cost
• 7 morning only, newspaper rounds
• Rent £87 per week
• Hours of opening 4:45am – 5:30pm Monday & Thursday, 4:45am – 7:30pm Tuesday, Wednesday, Friday & Saturday & 4:45am – 1:00pm Sunday
• New lease available, terms negotiable

Trading hours:

4:45am – 5:30pm Monday & Thursday, 4:45am – 7:30pm Tuesday, Wednesday, Friday & Saturday & 4:45am – 1:00pm Sunday

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