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Lottery Newsagents In Urmston For Sale

Urmston, Greater Manchester
Asking Price:
£13,000
Turnover:
£260,000
Net Profit:
Not applicable

This well established business has been owned by our client since 2014 and is only for sale today due to our clients moving abroad. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings.

Property information

Property:

Leasehold

Lease Terms:

20 year lease from 2007, with 4 yearly rent reviews

Leasehold Rent:

£13,728 per annum

Location:

This business is ideally located in the middle of a purpose built parade, close to the town centre, surrounded by numerous shops, restaurants, offices and a residential area. The business is close to the Railway Station and benefits from high levels of passing trade.

Premises Details:

The electrically shuttered premises provide good sized shop floor with service counter and store room with exit to rear alley. The 1st floor provides store room, kitchen/diner, double bedroom and shower room with WC facilities.

Business Operation

Competition / Market:

• Taking £4,000 - £5,000 per week plus Lottery £500 per week & Payzone £500 per week
• Operated entirely by staff
• Gross Profit 25%
• Surrounded by numerous shops, restaurants and offices
• Close to Railway station
• 1 bedroom accommodation
• Rent £264 per week
• News Sheet £500 at cost
• 1 morning rond
• Opening hours 7:00am – 9:00pm Monday to Saturday & 8:00am – 8:00pm Sunday
• 20 year lease from 2007, with 4 yearly rent reviews

Trading hours:

7:00am – 9:00pm Monday to Saturday & 8:00am – 8:00pm Sunday

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