Sold

Well-Established Newsagent/Convenience With Premise Licence

Freckleton, Lancashire

£22,000 +SAV

Ref: 1913 D

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Description

Hilton Smythe is delighted to welcome to the market this well-established newsagent and convenience store in Freckleton, Lancashire.



The business was established over 40 years ago and has been in our client`s careful ownership for the past 6½ years. Only now is the business being offered to the market due to our client`s wish for a well-earned retirement. The business is open 7 days per week and generates an excellent turnover and gross profit. The turnover is generated from the sale of newspapers and magazines, as well as general grocery items, tobacco products, fresh fruit and vegetables and confectionery. The business also benefits from a Health Lottery terminal and from the sale of Lotto scratch cards. The premises has a premise licence.



The newsagents also offer newspaper rounds with 4 x evening rounds, 10 morning rounds and 11 Sunday morning rounds, delivering over 250 newspapers per day. The business has a very loyal customer base and benefits from a vast amount of repeat trade. We feel the turnover could be increased by extending the opening hours, as well as extending the range of general groceries available.



This is an excellent opportunity for a new owner to take this thriving and profitable business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised Leasehold.



Lease to be negotiated.

Hours

The business is open:



Monday – Friday: 5.00am – 6.00pm

Saturday: 5.00am – 1.00pm

Sunday: 5.00am – 12.00pm

Staff

The business is owner run and managed with 2 x part time staff members and newspaper deliveries.

Financial Profile

The business is open 7 days per week and generates an excellent turnover and gross profit.

Location

Village news occupies substantial 2-storey premises and is ideally located in a prominent trading location within Freckleton village centre. The business is situated with a parade of complimentary shops and business and benefits from a vast amount of footfall and passing trade. The area is surrounded by densely populated residential areas, from which the business draws much of its trade.



Freckleton is a village on the Fylde coast and lies to the south of Kirkham and east of the seaside resort of Lytham St. Annes. The area is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 3 miles away at Kirkham & Wesham. The area is also well served by the A-road system with the A584, which skirts the edge of the village, in close proximity to the property and links to the vast A-road and motorway networks. Lytham St. Annes is approximately 5 miles away and Blackpool is 10 miles away.

Premises

Substantial two storey premises in a prime trading location, briefly comprising:



Ground floor with:



Spacious sales and display area (approximately 75 sq meters).

Racking and shelving to perimeter walls.

Serve over counter with 2 x EPOS terminals, Lotto scratch card display unit and Health Lottery terminal.

Cigarette gantry.

Large greeting card display area.

2 x free standing greeting card display spinners.

Large refrigerated display unit with outside condensing unit.

Fresh fruit and vegetable refrigerated display unit.

Ice cream freezer.

Upright freezer unit for frozen foods.

Newspaper/magazine display unit.

Confectionery display unit.

Stationery display unit.

Photocopier.

Hot drinks machine.



Kitchen/store room with fitted units and sink with drainer.



External with:



Shared rear yard (owned by business) with Outdoor WC and storeroom.

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