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Extremely busy newsagents, Newspapers sale around £1000 per week, popular for their freshly made sandwiches
Currently shop sales average in excess of £4,000 (net of VAT) per week approximately
Potential to expand current business
Renovation included new shop front with security shutters and building rewired
Reference - 47233
Description McCormicks News is an extremely busy business which has been run by the current proprietor for over 50 years. The business benefits from being fully equipped and presented in good condition due to their renovation which included a newly fitted shop front and security shutters, along with the building being rewired. Although the business is trading extremely successfully, there is still opportunity to expand the business. The business is being sold due to the current vendors wish to retire.
The business offers a wide selection of newspapers, magazines, along with a selection of chilled produce, confectionary, cigarettes and cakes, baking and freshly made sandwich rolls which are very popular. In addition, the business benefits from a full lotto terminal.
The business is located on Grosvenor Road, Greenock, benefiting from being surrounded by residential properties, local shops and businesses.
Sales Currently shop sales average in excess of £4,000 (net of VAT) per week approximately.
Accounts Current records and accounts can be inspected when viewing.
Staff The business is managed and operated by the owner with full time staff.
Building External The front of the property is straight to the street occupying an end terraced position with ample on street parking.
Building Internal The property is an end terraced, lock-up unit. The front is straight to the street with a traditional frontage. The entrance is from the front which in turn leads into the main shop. On entering the service counter is located directly to the right. The shop is well presented with display shelving to the outer walls.
To the rear of the counter, you will find a staff kitchen area. The kitchen benefits from work surfaces and cupboards. There is also a staff WC.
Residential Accommodation There is no residential accommodation for owners/management available.
Tenure The property is held on freehold.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary The sale of McCormicks News offers the opportunity to purchase a well presented and busy shop within a popular residential area. The business benefits from being long established.
For more information about this property, please contact Bruce & Company, EH12 on +44 131 268 9615 * (local rate)
Contact Bruce & Company about this property
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