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Property Listing Details

Retail premises to let

Tottington Road, Manchester BL8

£5,200 pa

(£1.00/sq. ft. pa)

Property details

Features

  • floor area1 sq. ft
  • Available from 28th Dec 2017
  • Furnished or unfurnished
  • Business for sale at £40,000
  • Rent £5200 per annum
  • New Lease negotiable
  • Prime Location

Listing view statistics

Last 30 days: 76 page views

Since listed: 700 page views

Description

Simphi are delighted to welcome onto the market this well-established newsagent business in a prime trading location in Bury.
The business has been trading for over 20 years and has been under our clients’ ownership since 2009. It is only now being offered to the market due to our clients’ desire for a welldeserved rest.

The business occupies substantial premises in an ideal trading location on a main road. The business is situated next to the town centre and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.
The business also benefits from ample on-street parking facilities to the front and back of the premises.

Premises

The business operates from a large and substantial corner property situated on an extremely busy main road. The location is ideal as the business is situated in the middle of a huge residential area. However, with the town centre and access to major motorways only a stone’s throw away, our clients enjoy a huge amount of passing customers.

This double fronted business has a large sign on the front door and front windows to identify itself from other businesses in the area. However, with a lack of other newsagents/ convenience stores in the immediate vicinity, our clients enjoy a huge footfall of passing and regular customers.
Due to the excellent location, our clients enjoy repeat business from extremely loyal customers who sometimes visit on more than one occasion each day.

The business briefly comprises of the following:
Ground Floor – shop floor, large storage to the rear, and a small kitchenette area. There is also a WC at the rear.
There is also a separate access to the flat upstairs from the rear of the premises, however, this is currently not in use.

Tenure

The business currently operates on a leasehold with rent currently £5200.00 per annum. Our client has indicated that he pays this quarterly.

Trading Hours

Monday to Friday – 05:30 – 19:30
Saturday - 05:30 – 19:30
Sunday - 05:30 – 15:00

Staff The business is currently owner managed, both husband and wife run the business on a daily basis and are sometimes aided by family and friends as and when required.

Financial Profile

Turnover: £500,000 pa
Net Profit: £52,000 pa (Approx.)
Owners salary: Undisclosed
Utility costs: £310.00 pm

Our clients also offer a wide range of other products, including; PayPoint, Payzone, Lottery, Tobacco, giro service, Parcel return/collection, Newssheets and Confectionery. There is also a link cash machine to allow customers the withdrawal of funds.

A sophisticated computer system is installed to record the newssheet delivery service. The system auto updates and records many items such as invoices etc.

There is also potential for the new owner to increase the turnover by adding Alcohol and Groceries to its range of products sold.

Map & Nearby

Local Amenities

  • Bromley Cross (Lancs) 3.8 miles
  • Hall-i'-th'-Wood 3.9 miles
  • Elton Community Primary School 0.2 miles
  • Guardian Angels Roman Catholic Primary School, Bury 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bromley Cross (Lancs) 3.8 miles
  • Hall-i'-th'-Wood 3.9 miles
  • Elton Community Primary School 0.2 miles
  • Guardian Angels Roman Catholic Primary School, Bury 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Simphi Limited. 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 Simphi Limited for full details and further information.