Newsagent and Off Licence in Merseyside For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, close to station and 2 bus stops, Merseyside.

Turnover £ 3,600
Price £60,000

Features

Counter Newsagent Plus Off Licence

6 DAYS OPENING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, Coca-Cola fridge, Monster Fridge, drinks display fridge (glass fronted upright double-door), RedBull Fridge, walls Ice Cream Freezer, CCTV system (7 cameras, 1 monitor)

Basement, not currently utilised

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,600 p.w. with a Gross profit of 27% - 30% approx.. Wholesale newsbill £300 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £40 per week approx.
PAY ZONE £10 per week approx.
PARCEL SERVICES £200 per month approx.
WESTERN UNION £350- £400 per month approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 6pm

Accommodation

THE ACCOMMODATION, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen.

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £12,990 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME FAMILY SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote