Hyde Newsagents For Sale

Business description

Busy Main Road
WT £3,250, N/S £1,750 plus (24.8% GP)
4 Double Bed Accommodation
Excellent Potential
Owners Retiring After 30 years
Viewing Highly Recommended

This is a rare opportunity to purchase a long established and well known Newsagent which occupies a prominent trading position on a busy main road leading into Hyde town centre.

The business is located within a densely populated, predominantly residential area with a primary school to the rear and numerous retail and commercial dwellings in the locality ensuring regular repeat and passing trade.

Having been in present ownership for the past 30 years, the business has established an enviable reputation in the locality with an extensive and loyal customer base.

The commanding and imposing property, which was formally two dwellings provide a good size sales area which is bright and airy creating a welcoming environment. The business is neatly fitted with a good range of fixtures and fitments which have been well maintained.

Blacks reference 1029 is a successful and thriving business which generates excellent profits yet still offers scope for future growth and expansion.

The business would therefore ideally suit an ambitious and energetic husband and wife team who can expand the stock lines to include convenience foods, an off licence and associated services which will significantly increase the weekly sales and enhance overall profitability.

The versatile property offers deceptive and unusually spacious family accommodation which is well presented throughout with tasteful décor. The property offers a welcoming lounge with a raised dining area and a well appointed dining kitchen. To the first floor there are four double bedrooms, the master having en suite facilities and a family bathroom.

Property information

Property:

Freehold