Retail Property (high street) for sale

48 Cambridge Drive - BB12

£149,500

Property Description

Commercial information

  • Business for sale

Key features

  • Well established and lucrative newsagents and off licence
  • WT £9,000, lottery £1,000, news sheet £1,500 paypoint £6,000
  • Densely populated residential area, extensive customer base
  • Well fitted, impressive audited profits, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent opportunity to purchase a well established and heavily relied upon newsagents and off licence, which is located in the popular Lancashire town of Padiham, approximately 3 miles west of Burnley.

Susan’s Newsagents occupies an ideal trading location at the heart of a densely populated residential area, ensuring the business attracts regular repeat trade from the immediate and surrounding locality.

Having served the community for many years, this well known business has forged strong links with the residents and therefore boasts an extensive and loyal customer base.

The store retails a range of newspaper and magazine titles, confectionery, tobacco, traditional beers, wines, spirits, soft drinks and a small selection of groceries and dairy products, as well as offering additional services including the National Lottery, Paypoint and an ATM.

The welcoming sales area is bright and airy with a range of good quality fixtures and fitments with ample refrigeration.

Susan’s Newsagents is a successful business generating excellent audited profits and represents an ideal purchase for an ambitious family who can build on the solid foundations in place, enjoying the lifestyle and financial rewards a business of this stature provides quite literally on a daily basis.

To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.


Sales
Currently shop sales average £9,000 approximately.

LOTTO
Weekly lottery sales approximate to £1,000.

OTHER
News Sheet — £1,500 (retail), PayPoint — £6,000



ACCOUNTS
Available accounts are to year end 30th September and are summarised below:
2014 - Sales £468,793 GP £79,566.


TRADING HOURS
Monday — Sunday 05:30 — 22:00

STAFF
The business is managed by the owners with 2 part time members staff.

Building External
The single fronted single storey unit offers a versatile lock up business accommodation.

BUILDING INTERNAL
The well stocked sales area is light and airy creating a welcoming environment. The business is well fitted with a range of quality fixtures and fitments. To the rear of the property there is a stockroom, a kitchenette and a staff toilet.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is freehold.

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


SUMMARY
To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.


Nearest stations

  • Hapton (0.8 mi)
  • Rose Grove (1.2 mi)
  • Huncoat (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hapton (0.8 mi)
  • Rose Grove (1.2 mi)
  • Huncoat (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44710. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.