Selling Price: £120,000
- Well established business
- Situated on a busy high street in a quaint village
- Includes all stock, fixtures and fittings
- Family run business
- 5-star Reviews
- High turnover
- No competition in the local vicinity
Silk Letting is delighted to welcome to the market a well-established family run business in the heart of a quaint village. The business has the advantage of being the only newsagents in the area selling newspapers, magazines, confectionery, convenience food, snacks, drinks, stationery and a variety of gifts and offers a newspaper delivery service to local residents benefitting from no competition and a fantastic loyal customer base of returning customers built up by their friendly and welcoming service. The business also offers a Hermes parcel drop-off service, a photocopying service and national lottery services.
The business has a fully functional website and is used for online orders and offering a local delivery service. The business has an outstanding reputation on online platforms gaining 5-star reviews on Google and Facebook.
The business has been established for over 45 years the current owner has been running the business successfully for the last 6 years.
The premises is doubled fronted and based over one floor. It offers the new owner all the facilities needed to run the business to its full potential and is well presented throughout. It consists of:
- the main floor space
- sales area
- kitchen area
- storage area
Fixtures, Fittings, and Stock:
The business is fitted and well presented and all stock, fixtures and fittings are included in the sale.
Some of the assets included in the sale:
- Display fridge
- Display freezer
- Reception till counter
- Till system
- Payzone services
Located on a busy high street in the center of the village of Rainford, surrounded by local amenities including:
- Pubs and restaurants
- Good transport links, with a bus stop outside the shop
- Short distance from Rainford train station with links to Manchester and Kirby
The business is close to a residential area and a school creating a high footfall for the business to enjoy. Close to the Rainford Bypass A570, M58 and A580 the business benefits from a high volume of passing trade. Car parking is available on the main road directly outside the store for both the owner and customers.
Monday – Friday 5 am – 4 pm
Saturday 5 am – 1 pm
Sunday 5 am – 12 pm
The business currently employs 3 part-time staff members and 1 full-time staff member.
Tenure and Financial Profile:
This property is Leasehold. There are currently 9 years left on the current lease. The landlord is happy to make a new lease with the new owner.
Annual rent is – £12,000
High annual turnover, gross/net profit can be provided on request.
The business benefits from a small business rates relief and is exempt from paying any business rates.
The property is fitted with CCTV throughout in full working order, an alarm system and shutters at the front of the store.
Reason for sale:
The owner is selling the business due to health issues creating a fantastic opportunity for any new owner to build on an already established business with a fantastic reputation.
The business is currently open at reduced hours and there is growth potential to increase the opening hours which will increase trade and profit. There is also the potential to obtain a license to sell alcohol and the products that are sold could be expanded.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
Contact Sharon at Silk Letting on 0161 507 9791
Or email@example.com to secure your viewing today!