Ref 7336 – Freehold Off Licence/Newsagents
Blacks Brokers are pleased to bring to the market this freehold off licence/newsagents located in Stockport, Greater Manchester.
News Plus was established by our client in this affluent area of Marple in 2008. The business offers a range of wines, beers and spirits as well as news sheet items and a small amount of convenience products. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation. At present, the business does not have a website or social media presence.
News Plus occupies a main road trading position within a row of residential properties. The area is densely populated with little competition nearby. There are also a number of other local amenities nearby including schools and takeaways. The area is well linked by the A6 with very strong public transport links and parking is available to the side of the property and on the roadside.
The business is ideally suited to a hands-on owner-operator but sadly due to ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The business operates with our client and partner only in full time employment.
News Plus has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st May 2020 show that the business has an annual turnover of £416,963 with a gross profit of £100,882. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well established business occupies an enviable trading position in an affluent area of Stockport. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours, possibly a delivery service where appropriate and a new online and social media presence would be helpful. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations whilst living on site. It could also be of great interest to an investor looking to let both the business and accommodation. Early viewings are strongly advised. Business & Property: £419,995.
Please quote ref: 7336
Building layout and design
News Plus operates from the ground floor of a spacious semi detached property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with two store rooms to the rear of this. There is also an enclosed yard to the rear. All areas are well equipped and presented nicely.
The first and second floor comprise of three bedrooms, kitchen diner, bathroom and lounge area. The accommodation is well presented and has a private garage to the rear.
Drinks Chiller Display Cabinet
Ice Cream Freezer
Beer & Wine Chiller Cabinet
Mon - Sat: 07:00 - 21:00
sun: 07:00 - 13:00