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Retail Property (high street) for sale

48 Cambridge Drive - BB12


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

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.

Currently shop sales average £9,000 approximately.

Weekly lottery sales approximate to £1,000.

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

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

Monday — Sunday 05:30 — 22:00

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.

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.

There is no residential accommodation for owners/management available.

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.

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

Map & Street View

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