Property Information
Address:
Liverpool, Merseyside
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489306
Property Ref/Agent: 2340-thriving-newsagent-business-in-liverpool-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this well-established and busy newsagents business in the affluent area of Aigburth, Liverpool. The business was established in the 1930's and has been in our client's careful ownership since 2003. Only now is the business being offered to the market due to our client's other business interests. The business operates 7 days per week and generates a turnover in the region of 624,000 per annum, with a gross profit of approximately 20%.
Our client offers an extensive range of products, including newspapers, confectionery, general convenience items, household goods, fresh produce and tobacco products, as well as offering the Lottery, mobile top-up cards and Pay Zone. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth referrals.
The premises boast a spacious retail area and are fitted to a high standard throughout. There are three multi-deck refrigeration units, which costs approximately 30,000 5 years ago. We feel there is scope to increase the turnover by extending the range of products available, perhaps by applying for an alcohol licence. This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early discussions with Hilton Smythe must come highly recommended.TENUREWe are advised Freehold.HOURSThe business is open:
Monday - Sunday: 6.00am - 9.00pmSTAFFThe business is owner run and managed with 3 x staff members.FINANCIAL PROFILEThe business generates a turnover in the region of 624,000 per annum, with a gross profit of approximately 20%.
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