Leasehold Newsagents In Oldham Manchester For Sale

Business description

Select Business Transfer is delighted to market this established Newsagent Business occupying a prominent trading position within Oldham Lancashire. The Business is located on a thriving parade of shops amongst other complimentary businesses within a densely populated area which ensuring there is a hive of activity with continual footfall throughout the day.

The business currently achieves retail sales in the region of around £4,000 weekly, some of which is due to the 300 customers who have newspapers delivered by the business.

This business has been operating within the locality for many years enjoying regular repeat and passing trade. The single fronted shop premises provide a spacious sales area which is light and airy with a good range of fixtures and fittings. The present owner is now only looking to sell due to other business commitments.

This business would ideally suit an energetic and enthusiastic operative who can continue to develop and expand the business whilst introducing additional product lines which will undoubtedly increase the turnover and subsequent profits.

This business offers an excellent opportunity for either a first time buyer or for an experienced retailer looking to expend their current operation and should be given serious consideration by anyone seeking a business of this kind.

Property information

Property:

Leasehold

Lease terms:

The business is currently held on a 5 year lease which commenced in 2011

Leasehold rent:

££5,400 per annum

Living accommodation:

Although the business does not currently have living accommodation there are two good sized rooms which are located to the 1st floor and can be used for additional storage areas, office or living space.

Business Operation

Reasons for selling:

Owner is selling due to other business interests