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Business Hilton Smythe are welcoming to the market Euro News, a well-established newsagents shop located on Old Church Street, Manchester.
A fantastic opportunity for anyone looking to run their own business in the ever-growing city of Manchester. Our client took over the business 12 years ago but is now looking to pursue another business venture.
The turnover is generated from the sale of newspapers & magazines, tobacco products, chilled drinks, household items, pet food, general convenience items, confectionery, as well as pick and mix sweets to name a few. Our client currently opens 7 days a week.
The business is priced to sell and early viewing is advised to avoid disappointment.
Location The business is located in Newton Heath, Greater Manchester.
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. There are also several railway stations nearby, the closest being Newton Heath and Moston railway station just 7 minutes’ walk away.
The area is also well served by the a-roads, with the A6010 and the A62 being within easy driving distance of the business, which links to the M60 motorway network. Premises Single story premises.
Counter with under counter shelving
Paypoint and Payzone
Ample shelving and display stands
Large greeting card stands
Slat wall paneling display and hooks
Magazine and newspaper rack
Central display stand
2 large drinks fridges
Wall shelving and storage
Exit to rear yard and separate WC
The premise also has a CCTV system in place. Tenure We are advised the business is being sold as a leasehold opportunity.
Just over 4 years remaining on current lease, as of 2017.
Rent circa £9,600 per annum. Hours Current opening hours:
Monday – Saturday: 6.00am – 7.00pm
Sunday: 6.00am – 4.00pm staff Owner ran with 1 full time staff member. Financial profile The business reported a turnover for 2016 of approximately £260,000.
News sheet income £50,000 per annum
Payzone and Paypoint £78,000 per annum extra notes Current owner happy to offer a handover to ensure the continued success of the business.
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For more information about this property, please contact Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.