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Property Listing Details

Property details

  • 4 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • **leasehold option available also at £25,000**
  • Annual turnover £180,000 approximately
  • Large 4 bed accommodation
  • Viewing very highly recommended

Listing view statistics

Last 30 days: 96 page views

Since listed: 2157 page views

Description

Reference - 43957
Description

This is an excellent opportunity to purchase a very well established newsagents and general store with excellent potential for future growth. Occupying a prominent main road trading position in Blackburn and is only a few minutes away from the famous Blackburn Rovers Football Clubs Ewood Park stadium.

This fantastic newsagents and general store is located on a prominent main road corner position with parking, within a large number of quality residential dwellings and other small businesses within the immediate locality.

This business also enjoys excellent passing trade due to match days at the football club, and the busy road that leads to and from the stadium.

Having successfully operated as a retail outlet in the town for many years and under current ownership for over 17 years, this highly renowned business has earned an excellent reputation for offering the best quality newspapers, magazines, paper delivery rounds to local redisdents and the nearby village, lottery, food and other general needs to the local community. These services always come with a warm, friendly and a very local service. The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity as well as neighboring villages and towns.

The business operates from highly single fronted shop premises, which are presented to a very high standard with an excellent range of fixtures and fitting to go with the sale. The business also comes with a full cctv package, Livesey News is a thriving and lucrative business which is run by two owners. This business is an essential piece within the local community as it is close to residential homes and the local church. This business operates 7 days of the week. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or family that have the opportunity to extend and add to the stock already on offer at this excellen

Sales
We are advised that the business' annual turnover is approximately £180,000
Accounts

Current records and accounts can be inspected when viewing.
Trading hours

Monday – Tuesday 6am – 6pm
Wednesday 6am – 7pm
Thursday – Friday 6am – 6pm
Saturday 6am – 7pm
Sunday 7am – 1pm
Staff

Operated by the owners.

Building External
Highly visible single fronted premises occupying a prominent main road corner position. The business lies to the left of the property with the accommodation being the adjoining terrace to the right.

Building Internal
The main serving and till area for the store is located to the rear of the newsagents. The remaining trading area of the lower level of this business is fully utilized, with a number of shelves down the center and a selection of cooler shelves, fridges and freezers around the outer walls of this newsagents.
Residential accommodation

The residential part of the business comes in the way of a terrace house next door, which had been extended upstairs over the shop. The house is accessible from both the till area of the shop and the front door leading to the main road.

On the ground floor you can find the paper room to the rear behind the till area, this is where the shops paper rounds are accessed at any time by the paperboys. This room is fully alarmed and has a cut camera monitoring. A fully fitted and well, maintained kitchen and living room make up the rest of the ground floor of this business. In the top floor you can find a fully fitted bathroom, 4 large bedrooms.
Tenure

We are advised that the property is also available for sale Leasehold, initial lease of 6 years, rent payable at £250 per week.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary

A very rare opportunity to purchase a highly profitable business, amazing potential to grown the retail section of the business to enhance for future growth and improvement. The accommodation in this property perfectly accompanies the business below so, to avoid disappointment, viewing is highly recommended.

You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Mill Hill (Lancs) 0.5 miles
  • Cherry Tree 0.9 miles
  • Meadowhead Junior School 0.4 miles
  • Meadowhead Infant School 0.4 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Mill Hill (Lancs) 0.5 miles
  • Cherry Tree 0.9 miles
  • Meadowhead Junior School 0.4 miles
  • Meadowhead Infant School 0.4 miles

Market stats

Sale activity

Average estimated value for a house in BB2:

  • £93,318
  • Price increase

  • £3,210
  • (3.562%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £97,638
  • Properties sold

    200

Rental opportunities

Looking for an investment? The average rent for a 4 bedroom house in BB2 is currently:

£754 pcm

Recent sales nearby

See all recent sales in BB2
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
26th Jan 2019 £174,999 Price reduced by £5,001
26th Sep 2018 £180,000 Price reduced by £19,999
21st Jul 2018 £199,999 First listed

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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.