Business for sale

Business description

This superbly run and hugely popular newsagent has been successfully trading under its current owners for over 7 years. The business had previously been been trading as a newsagent and Off-Licence for over 20 years in total thus showing the longevity and success rates that the business has enjoyed.

The business is located in Manchester City Centre and is popular and well known throughout the surrounding local businesses aswell as being surounding by a huge amount of residential apartments. The area has an affluent and loyal population who utilise the local businesses. Surrounding businesses include Retail, Industrial, Call Centres and Office Blocks aswell as a NightClub immediately opposite which the current owner takes full advantage by trading late nights Fridays & Saturdays.

The current owners are looking to sell due to re-location. The business has been run primarily by the owner and family for the 7 years of ownership, and has traded extremely successfully and turned a strong profit each year.

The business sells a variety of stock including newspapers and magazines, drinks, Sweets, Chocolate and Cigarettes etc. There is certainly scope to diversify the stock ranges on offer in order to move back into its previous Off-Licence status alongside the existing operation.

The Shop Floor is Approx. 30 Square Metres and also consists of a small kitchen and storage area, Toilet area and a basement that curently is'nt utilised and would require work to fully utilise this space.

The business comes fully fitted with an array of fixtures and fittings.
The premises are fully secure and we have been advised that there is a fully renewable lease available to any new purchasers. The lease was a 10 year lease with 3 to 4 years remaining (approx). The rent is currently £115 p/w.

The business is currently trading from 7am - 7pm Monday to Thursday, 7am - 11pm Friday, 9am - 10pm Saturday and 9am - 5pm Sunday. With a Turnover of approximately £110,000 with a G/p of 20% - 22%, there is terrific potential to add to the current business as stated above by re-introducing off-licencing which would offer tremendous potential for future business growth and development.

We believe the business would be a perfect purchase for an owner operator who can fully utilise the potential on offer.


DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS DUE TO ITS SOUGHT AFTER LOCATION.