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Newsagents & Accommodation - Poulton-le-Fylde For Sale

Poulton-le-Fylde, Lancashire, UK
Asking Price:
£299,950 Furniture / Fixtures included
Turnover:
£236,047
Net Profit:
Available on request

Prominent Trading Position
Projected Annual Turnover YE 5th April 2021- £330,000
Accounts Available Year End 5th April 2020
Annual Turnover £236,047
Gross Profit £58,041
Accounts Available After Viewing
The Projected Turnover For 2021 Is £330,482
Established 1970Retirement Sale
Owner Operator
Three Bedroom Accommodation
Beautifully Presented Throughout
Repeat Customer Base
Free Parking
Scope For Longer Weekend Opening
Potential To Introduce Online Presence
EPC - B

REF 7420 – Freehold Newsagents & Accommodation

Blacks Brokers are pleased to bring to the market this freehold newsagents with accommodation located in Poulton-Le-Fylde, Lancashire.

INTRODUCTION

T S J Newsagents was established in this affluent residential area of Poulton-Le-Fylde in 1970 with our client taking ownership in 2012. The business offers a range of convenience products, specialising in confectionery, tobacco, drinks, groceries, household goods, newspapers, alcoholic beverages, magazines, greetings cards, baked goods, and sandwiches. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. At present, the business does not have a website or social media presence.

LOCATION

T S J Newsagents occupies a main road trading position with free parking immediately outside. The area is densely populated residentially with the town centre only a short distance away. There are also a number of schools and nurseries nearby as well as Poulton-Le-Fylde Railway Station and Poulton Plaiz Leisure Park. The area is well linked by the A585 and M55 with very strong public transport links.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, 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 two part time members of staff in employment supporting our client working on a part time basis.

FINANCIAL DETAILS

T S J Newsagents has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 5th April 2020 show annual turnover of £236,047 and gross profit of £58,041. The business is growing year on year with the 2021 projected annual turnover of £330,482. Full financial information is available upon request.

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 long established business and freehold property occupy an enviable position in a well populated and highly sought after area of Poulton-Le-Fylde. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and possibly a local delivery service where appropriate. A new online and social media presence could also be extremely beneficial. 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: 06:00 - 18:30
SUN: 06:00 - 12:30

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