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Retail premises for sale

£45,000 Fixed price

Hyde, Greater Manchester SK14

Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

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

Property 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.

What Zoopla users think of Hyde

Overall rating:

  • currently 4 stars
Very good - 80% (122 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Hyde:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Newton for Hyde (0.1 miles)
  • Flowery Field (0.5 miles)
  • Hyde Central (0.7 miles)
  • Manchester International Airport (11.0 miles)
  • Leeds Bradford International Airport (32.9 miles)
  • Liverpool John Lennon Airport (33.2 miles)
  • Liverpool Pier Head Ferry Terminal (38.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (38.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (38.6 miles)

Nearby schools

View all schools in Tameside
  • St Paul's Catholic Primary School (0.2 miles)
  • Godley Community Primary Academy (0.3 miles)
  • Flowery Field Primary School (0.5 miles)
  • Connell Sixth Form College (5.2 miles)
  • Oldham Sixth Form College (6.0 miles)
  • Abbey College Manchester (7.3 miles)
  • Hyde Community College (0.6 miles)
  • Thomas Ashton School (0.6 miles)
  • Cromwell High School (0.9 miles)
Note: Distances are straight line measurements

Local info for Tameside

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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