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Property Listing Details

Features

  • Leasehold
  • Counter news/Off licence
  • Monopoly trading position
  • Weekly Takings £8,500 (25% Gross)
  • Superbly presented throughout

Listing view statistics

Last 30 days: 32 page views

Since listed: 76 page views

Description

Reference - 27989
Description

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

Monday – Saturday 6.00am – 10.00pm
Sunday 6.00am – 9.00pm
Staff

Managed by the owners with full/part time staff.

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

tenure


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.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> St Paul's Catholic Primary School 0.2 miles
  • " role="presentation" aria-hidden="true"> Godley Community Primary Academy 0.3 miles
  • " role="presentation" aria-hidden="true"> Newton for Hyde 0.1 miles
  • " role="presentation" aria-hidden="true"> Flowery Field 0.5 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.