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Commercial Property for sale

819 Liverpool Road - M30

£50,000

Property Description

Commercial information

  • Business for sale

Key features

  • Lucrative & well established counter newsagents
  • WT £5,000, N/S £650, Lottery £400, Paypoint £2000, no deliveries
  • Prominent main road position, densely populated commercial/residential area with building development underway near the shop
  • Genuine potential, neatly fitted, 2 bedroom accommodation, ideal for first time buyer

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a well established and thriving counter newsagents which occupies a prominent trading position in the popular Eccles district of Greater Manchester.

P & A News is located on the busy (A57) commuter route just off the (M60) motorway in a densely populated area. This is a residential and commercial dwelling with a bus stop outside and a high school in the immediate locality. There is also future projects like Salford Port as well a new building development currently being carried out near the shop creating a lot of new housing in the area. Subsequently the locality is a hive of activity throughout the day ensuring the business attracts both regular local and passing trade.

Having served in the locality for many years, this heavily relied business has forged strong links with the community and boasts an extensive and loyal customer base.

The business operates from a highly visible single fronted shop premises offering an excellent blend of business and first floor living accommodation.

P & A News is a successful and lucrative business yet offers genuine scope for future improvement. The business would therefore ideally suit an ambitious and energetic hands on operative who can exploit the potential for future growth, which will significantly increase the weekly sales and ultimately maximise overall profitability.

To fully appreciate this exciting opportunity, viewing is highly recommended.



Sales
Currently shop sales average £5,000 approximately.

LOTTO
Weekly lottery sales approximate to £400.

OTHER
News Sheet — £650, PayPoint — £2000

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday — Saturday 05:30 — 18:30
Sunday 05:30 — 13:30


STAFF
Managed by the owners with 2 part time staff.

Building External
The single fronted shop premises offer deceptively spacious retail space and first floor living accommodation.

BUILDING INTERNAL
The neatly presented sales area is light and airy with a good range of fixtures and fittings.

RESIDENTIAL ACCOMMODATION
There are two double bedrooms, kitchenette and a bathroom located to the first floor of the property.

TENURE
A new FRI lease (subject to contract) will be granted at an initial rent of £7,800 per year exclusive — all other lease terms are subject to negotiation.

SUMMARY
This is an excellent business opportunity for an ambitious first time buyer and viewing is therefore recommended to avoid disappointment.

Map & Street View

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