Newsagents In North Yorkshire For Sale in Scarborough- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this town centre newsagents business, which has been in our clients' hands since 1989. The newsagents is only now being placed on the market due to our clients' other business interests. The business generates a turnover in the region of £500,000 per annum with a gross profit of 12.12% derived from the sale of cards, gifts, confectionery, counter news and high sales of cigarettes and tobacco products. We are advised that Lottery and Paypoint commissions of approximately £6,000 are extra to the turnover figure. The sales area is fitted to a high standard throughout and is truly in a walk-in-and-trade condition. We feel this represents a rare opportunity to acquire a thriving town centre newsagents in such a desirable area. Early discussions with Preferred Commercial must come highly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold Original length: 15 years Remaining: 3 years Review: every 3 years Rent: £13,850 per annum

	Current Rent:	13850

	Living Accommodation:	No

	Details of Accommodation:	Double fronted lock up premises in a prominent corner position. Briefly comprising: Ground Floor • Main sales and display area fitted to suit trade and to a high standard with illuminated suspended ceiling, approximately 20 foot of newspaper and magazine display shelving, 2 x card display stands, 2 upright display chillers, 2 x confectionery display units, stationery display, main sales counter with cigarette gantry behind, second sales counter with cigarette gantry, counter-top Zippo lighter display cabinet, antique tobacco weighing scales, 2 x EPOS cash registers and lottery terminal • Small rear office • Kitchen • WC Lower Ground Floor • Basement stock room divided into 3 areas with perimeter shelving External • Pay and Display parking to the front • Bus stop directly outside

	Location:	GR & M Whitewick is ideally located in a prominent trading position on Aberdeen Walk, in Scarborough. The newsagents is surrounded by complementary shops and businesses and benefits from a high daily footfall and much passing traffic. Aberdeen Walk is one of the main shopping streets in the town and lies just yards from the main precinct. There is a bus stop directly outside the business and ample car parking in the vicinity. Scarborough is the largest resort on the Yorkshire coast and is becoming an increasingly popular place in which to live and work.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon - Sat: 6.30am - 6.00pm
Sun: 9.00am - 12.00pm

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