Shop for sale

Firs Lane, Leigh, Greater Manchester, WN7

£29,995

Property Description

Full description

Tenure: Leasehold

WELL ESTABLISHED NEWSAGENTS - GREATER MANCHESTER
Advised annual turnover of 155,000
Situated in the busy town of Leigh
Scope for further development
Ideal first time purchase
Genuine retirement sale
LEASEHOLD


Business History
Meridian Business Sales are pleased to offer to the market this well maintained newsagents which would be ideal for a first time buyer. Our client is reluctantly offering the business to the market due to a desire to take well deserved retirement. Our client has continually developed and improved the business, introducing new lines and income streams which have enhanced the business massively. Currently our client is running the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our client informs us that the annual turnover currently runs at 155,000 with a gross profit of 30,000 which is derived from offering a large assortment of stock including; magazines, gift cards, newspapers, drinks, confectionary, hot pies, home essentials and tobacco products together with a newspaper delivery service. There is still further great potential to increase regular trade through the expansion of the convenience lines, later opening hours and opening an off licence within the shop all of which could be explored by the new owners. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon, and as such early viewing is highly recommended.


Location
This well established newsagents is located just off the main A579 which runs through the centre of Leigh, Greater Manchester in the Northwest of England. The semi detached premises sits amongst residential properties in a densely populated area and the business enjoys a prime trading location for a business of this nature; at the heart of a close knit community. Benefiting from off road parking it is ideally placed to serve the general public, both local customers and passing trade. Leigh is located in the Metropolitan Borough of Wigan lying 6 miles southeast of Wigan and approximately 12 miles to the west of Manchester. Leigh was well known as an engineering town in the past and has a number of historical links to the industrial revolution. It is now mainly a residential town with general retail outlets as its focus. Leigh is reached easily via the A579 and A572 with the well known A580 East Lancashire Road connecting to the M6 and M62 respectively.


Finances
Turnover: 155,000pa
Gross Profit: 30,000pa
Stock: (Approximately) 7,000


Tenure
We are advised Leasehold
Rent: 80 per week


Hours
Monday: 5:30am - 5:00pm
Tuesday: 5:30am - 5:00pm
Wednesday: 5:30am - 5:00pm
Thursday: 5:30am - 5:00pm
Friday: 5:30am - 5:00pm
Saturday: 6:30am - 2:30pm
Sunday: 6:30am - 2:30pm


Acc
This semi detached end property is set back from the road:

Well signed shop frontage with shutters
Secured entrance to shop area.
Display racking to sides/centre of shop
Drinks fridge
Chest freezer
Serving counter
PDQ machine

Tobacco cupboard to rear of till


EXTERNAL
Off Road Parking


Nearest stations

  • Daisy Hill (3.1 mi)
  • Hag Fold (3.2 mi)
  • Hindley (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Daisy Hill (3.1 mi)
  • Hag Fold (3.2 mi)
  • Hindley (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

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