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Retail premises for sale

£14,950

Bury BL9, UK

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Property description

Ref 5986 – Leasehold Newsagents & Mini Market
Blacks Brokers are proud to bring to the market this leasehold newsagents and mini market located in a busy and densely populated area of Bury, Lancashire.


Introduction


Royal Newsagency & Mini Mart has been trading since 1989 when our client took ownership of this business – there has been a business of this nature here for around 100 years. The business offers a huge selection of newsagent and convenience products. During it’s trading history, the business has become well-known in this area, gaining a large customer base.


Location


Walmersley Road is a busy main road close to Bury town centre and is close to a huge number of residential properties as well as local businesses and Bury’s very popular town centre. This superb trading position offers both local trade and many passers-by and visitors to the area. Parking is available to the side of the premises.


Reason for sale


Royal Newsagency & Mini Mart is only being offered for sale due to our client’s retirement.


Lease


The building will be available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The new lease will be fully negotiated with our client and will run at a cost of £500 per calendar month.


Building layout and design


The business is housed within the ground floor of a single fronted, mid terraced unit within a parade of other shops and businesses – there is no direct competition in this area. The shop is well branded with large, colourful signage on display to the front of the shop and partially glazed frontage. Inside, the servery counter is positioned to the right with goods displayed on wall shelving and a central gondola. To the rear of the main retail area is a staff kitchen, storeroom and toilet with exit and enclosed rear yard. All areas are well presented with good quality fixtures and fittings in place.


Staff


Royal Newsagency & Mini Mart is currently operating with only our client working on a full-time basis.


Financial details


Financial details are available upon a viewing of the business and Royal Newsagency & Mini Mart has traded solidly over its trading history. The business generates weekly takings of £1,700 with gross profit of 20%.


Summary


This leasehold business is long-established and very well known. There is plenty of scope to develop the business further with the addition of more stock lines and the National Lottery along with some modernisation in places. This proposition will suit a new owner-operator able to drive this business forward. Early viewings are strongly advised. Business: £14,950.

Please quote ref: 5986

Property info

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  • currently 4 stars
Very good - 83% (171 ratings)

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Nearby transport

  • Castleton (Manchester) (4.6 miles)
  • Bromley Cross (Lancs) (5.0 miles)
  • Hall-i'-th'-Wood (5.1 miles)
  • Manchester International Airport (16.9 miles)
  • Liverpool John Lennon Airport (29.5 miles)
  • Leeds Bradford International Airport (31.7 miles)
  • Liverpool Belfast Ferry Terminal Bootle (31.4 miles)
  • Liverpool Pier Head Ferry Terminal (32.0 miles)
  • Liverpool Isle of Man & Dublin Terminal (32.1 miles)

Nearby schools

View all schools in Bury
  • St John with St Mark CofE Primary School (0.4 miles)
  • St Paul's Church of England Primary School, Bury (0.4 miles)
  • St Joseph and St Bede RC Primary School (0.5 miles)
  • Bury College (0.6 miles)
  • Holy Cross College (1.0 mile)
  • Excel and Exceed Centre (1.3 miles)
  • Cambian Chesham House School (0.6 miles)
  • Broad Oak Sports College (0.7 miles)
  • Bury Grammar School Boys (0.8 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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.

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