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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Group of 3 stores which can be sold seperately if desired
  • Combined weekly turnover £20,000 approx
  • Excellent reputation
  • Viewing highly recommended

Listing view statistics

Last 30 days: 286 page views

Since listed: 1983 page views

Description

Reference - 46696

Description
This is an excellent opportunity to purchase a very well established convenience store and newsagents with stunning potential for future growth. The Store occupies a prominent main road trading position within Wigan, Lancashire, and has been fully renovated.

The business has earned an excellent reputation for offering all lottery services, newspapers, cards, stationary and all manner of general goods. 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.

The business operates from a highly visible double fronted premises, which are presented to a good standard with a range of fixtures and fittings to go with the sale.

This is a thriving and lucrative businesses, which is family run and an essential piece within the local community. Wallgate News offers excellent scope for future growth and improvement, and would therefore ideally suit an ambitious and energetic owner that has the opportunity to extend and add to the stock already on offer.

These enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximising overall profitability.

This is a first class, high turnover, rare business opportunity with fantastic accommodation and excellent future options. A viewing is highly recommended to avoid disappointment.

Sales
The Weekly sales are approximately £5,000.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Saturday
6am – 6pm

Building External
The store operates from a double fronted premises, occupying a prominent main road position in the area. The store also benefits from an external cash machine.

Building Internal
The main serving and till area is located to the rear, upon entrance to the store. The retail area covers the length and breadth of the double fronted store and comes with an excellent array of display shelving, display coolers and fridges, which are all included within the sale.

Residential Accommodation
Above the shop is a 1 bed apartment, which has recently been renovated to a high standard. The apartment can be rented out for approximately £400pcm.

Tenure
We are advised that the business comes to market as leasehold, which is to be negotiated with the owners.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a fantastic opportunity to purchase a businesses with terrific potential for future growth and improvement. A viewing is highly recommended.

You could get

Fast broadband Fast broadband

Up to 22.4 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Wigan Wallgate 0 miles
  • Wigan North Western 0.1 miles
  • The Deanery Church of England High School and Sixth Form College 0.3 miles
  • Mab's Cross Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Wigan Wallgate 0 miles
  • Wigan North Western 0.1 miles
  • The Deanery Church of England High School and Sixth Form College 0.3 miles
  • Mab's Cross Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in WN1:

  • £123,080
  • Price decrease

  • -£1,908
  • (-1.527%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £109,150
  • Properties sold

    15

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in WN1 is currently:

£425 pcm

Recent sales nearby

See all recent sales in WN1
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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
15th Aug 2019 £34,999 Price reduced by £5,000
16th Jul 2019 £39,999 Price reduced by £5,000
18th Jan 2019 £44,999 Price reduced by £10,001
3rd Nov 2018 £55,000 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.