Blacks Brokers are pleased to bring to the market this well established and perfectly positioned newsagents business in Birkenhead Shopping Precinct, Merseyside.
Aq’s News & Sweets has been trading here on Milton Pavement since May of 2014. The shop was refurbished and set up by our client. The business provides a selection of news and convenience items & services such as sweets, snacks, drinks, newspapers and magazines mobile phone repairs and some mobile phone accessories. The mobile repairs alone has an income of £400 per month. As well as this the business has paypoint and pay zone increasing the takings even further.
The business is placed well within a busy area and has a large and loyal customer base established. Offered for sale now as our client is relocating abroad, we have this excellent opportunity for a new owner to acquire a busy and profitable business that is already very well known.
The business is positioned well within Central Birkenhead Shopping Precinct, this is a very busy area with shoppers, locals and workers all passing by. Housed within a large, double fronted, mid terrace retail unit, the business is situated in pedestrianised shopping area with very high footfall. The shop front is glazed with clear signage and branding on display with offers displayed in the window. The shop floor is spacious, with products displayed on shelving and in display fridges with a central gondola. The tiled floor and lighting are modern and clean with good access to the counter and 2 tills at the rear of the shop with cigarettes and lottery also on offer. To the rear of the unit is a large storeroom and on the first floor are two toilets and two offices.
The 10 years Lease started on 30 may 2014 ( 7 years and 6 months left). The business council rate is £6340 per year. The service charge is £4,000 Per Year.
This business generates weekly takings of £7,000 with a strong profit margin and low rent for this area of only £347+VAT Per Week. There is much scope for expansion by extending the retail area and going into alcohol sales and other product lines such as cards and gifts, this along with longer opening hours could see takings boosted even further. Not to mention the possibility of a dry cleaning service on the first floor. Viewings are welcomed within opening hours by appointment only and are strongly advised as soon as possible to avoid disappointment.
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