This well established Counter Newsagents/Off Licence occupies a monopoly trading position within a densely populated area of Hyde, Greater Manchester. The business is situated along a main commuter road within both residential and commercial dwellings ensuring the business attracts both regular local and passing trade throughout the day.
The business retails an extensive range of newspapers, magazine titles, confectionery, tobacco and alcoholic lines, yet undertakes very few newspaper deliveries and is reliant on counter sales. The imposing double fronted premises provide a good size sales area which is fitted with a comprehensive range of good quality modern equipment.
This thriving and successful business would ideally suit an ambitious and energetic hands on operative who can continue to develop and expand the business whilst keeping additional staffing levels and over heads to a minimum therefore maximising overall profitability.
Sales Currently average £9,500 (25% Gross) plus commissions approximately. Accounts
Current records and accounts can be inspected when viewing. Trading hours
Building External The imposing double fronted ground floor, lock up premises is located along a busy main road within Hyde. Building internal
Superbly presented sales/service area with rear storage and WC facilities. Residential accommodation
We are advised that the property is held on a 12 year lease which commenced in 11/07. The annual rent is £6,000 exclusive (correct as advised on 26/02/09). Rent reviews are at 03 yearly intervals. Summary
This is a rare opportunity to purchase a superb business occupying a monopoly trading position and generating exceptionally high profit figures and viewing is therefore highly recommended to avoid disappointment.
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