Retail premises for sale in Upper Hibbert Lane, Marple, Stockport SK6

£419,995
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Affluent Trading Area
  • Accounts Available Year End 31st May 2020
  • Annual Turnover £416,963
  • Gross Profit £100,882
  • Accounts Available After Viewing
  • Owner Operator
  • No Staff
  • Established 2008
  • Ill Health Sale
  • No Immediate Competition
  • Newspaper Delivery Service In Place
  • Potential For Online Sales
  • Scope To Expand Product Lines
  • Potential For Longer Opening
  • Scope To Introduce Delivery Service
  • EPC - tbc

Property description

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.


Introduction


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.


Location


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.


Reason for sale


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.


Staff


The business operates with our client and partner only in full time employment.


Financial details


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.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


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

Business Accommodation

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.

Fixtures & Fittings

Shelving

Racking

Till

Drinks Chiller Display Cabinet

Ice Cream Freezer

Beer & Wine Chiller Cabinet

Opening Hours

Mon - Sat: 07:00 - 21:00
sun: 07:00 - 13:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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