Popular News Agents And Convenience Store In Blackburn For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular newsagents and convenience store, which was established in 1986 and has been in our client's careful hands since 2010. The business is only now offered to the market due to our client's wish to relocate. The premises are well-equipped to suit the trade with a large shop area with central display unit and shelving to perimeter walls. The business has an excellent reputation in the local area and receives much repeat trade and word of mouth recommendations. The premises boast large 3-bedroom owner's accommodation to the ground and first floors. We have been advised that there is a 500 house residential estate currently being built close to the store. Our client currently offers general CTN lines and trades 7 days a week, which generates a turnover in the region of £130,000 per annum with a gross profit of 22%. We feel this could be further increased by applying for an alcohol licence and extending opening hours. This is an ideal opportunity to acquire an already popular newsagents and convenience store with 3-bedroom owner's accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

News 4 U occupies substantial corner premises located in Blackburn, Lancashire. The premises benefit from ample on-street parking and are surrounded by a variety of complementary shops and businesses. The store benefits from being situated in a large residential area and boasts easy access to the A-road network. There are regular buses running through the area and the local railway station is less than 1.5 mile away. The town centre is approximately a mile away and the M65 motorway is 2 miles to the south. Blackburn is a large industrial town, famous for its football team Blackburn Rovers and boasts great motorway links with Manchester and the North West.

Premises details:

Substantial 2-storey shop premises with 3-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Spacious sales area with central display unit, shelving to perimeter walls, tobacco gantry, large double glass refrigerator and magazine display racks
• Lounge with feature fireplace and wooden floor
• Kitchen with a range of fitted units

First Floor
• Double bedroom with fitted wardrobes
• Double bedroom
• Bedroom with fitted wardrobes
• Bathroom with WC, wash hand basin, shower and bath

External
• Garage

Energy Performance Rating:

C

Business Operation

Trading hours:

Mon - Fri: 6:00am to 6:00pm
Sat: 6:00am to 3:00pm
Sun: 6:00am to 1:00pm

Other information

Energy Performance Certificate:

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• View EPC Graph for this property