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Levenshulme, Lancashire. m19 2bl

Property Details
Agent Ref No: com - lev
Category: Business for Sale
Business Type: Retail
Offer Type: Offers invited
Price: £26,950.00
Rent: £600.00 per month
Yield: £68000
Further Property Details
Date Listed: 2011-10-21
Size: 517 sq. ft
Tenure: Leasehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading

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Description

Aubrey Lee Business Sales Ltd are delighted to introduce to the market this Newsagents / Off License. Located within a busy parade of shops and surrounded by a densely populated residential area which also benefits from its close proximity to a number of University Campuses. £26,950 + sav

Aubrey Lee Business Sales Ltd are delighted to introduce to the market this Newsagents / Off License. Located within a busy parade of shops and surrounded by a densely populated residential area which also benefits from its close proximity to a number of University Campuses. £26,950 + sav

This superbly appointed newsagents/ off license has been serving the local town and wider afield for over 10 years and is well and truly in the heart of a busy parade of shops in Levenshulme.

The business has been run by a husband and wife team for the last 18 months with the view to running the business for a long period into the future. Unfortunately, due to their personal family commitments, they have found it difficult to take the business to where they would have wished; therefore it is with great reluctance that the business has come up for sale.

The current owners have invested thousands of pounds into the appearance of the shop, especially with the fixtures and fittings of the shop floor. It now has a bright and welcoming feel to it and has been truly modernized with an air conditioning unit and cctv installed. The business is now fully fitted with an array of new fixtures as well as full new open fronted chiller display, Glass top chest freezer and five new glass fronted drinks fridges.


The Newsagents and off license has proved to be very popular with new additions to the existing stock giving much need variety.
The premises are fully secure and have a fully renewable lease available to any new purchasers.


There is tremendous potential to develop the retail sales of the business to suit the local demands. As well as this, due to the off license, the turnover will continue to increase over the coming years under a suitable entrepreneur.

We believe the business would be an ideal purchase for a partnership or couple that can fully utilize the businesses potential as well as fit into the Newsagancy’s current demand for driven and ambitious entrepreneurs.

The Business is positioned within a busy parade of shops on a busy main road in Levenshulme, surrounded by retail, industrial and a highly populated residential area. Within close proximity to a number of university campuses, it therefore benefits from local, regular and good passing trade.

Current Turn over - £68,000 G/p approx 30%

Rent - £600 pcm

Renewable lease available

The Premises consists of:

Ground floor Lock up

Retail area of approx 517 sqft

Stock room at the rear (fully secure)

W/c


DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS AND WE WOULD ADVISE EARLY VIEWINGS