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(REF: 2103)  Old-established Newsagents in Portsoy Aberdeenshire
 
Seller Reference: 2103
B4S Reference: 22811
Asking Price: £239,950
Net Profit:
Sales Revenue: £165,636
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Portsoy, Aberdeenshire, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this old-established newsagents business, which has been operated by our clients since 1995 and is only now placed on the market due to our client's wish to relocate. The premises are well equipped to suit the trade and are stocked with a range of general CTN and convenience lines along with a wide variety of gift ware. Money transfer services are also available. The property boasts substantial 7-bedroom owners' accommodation, a large outbuilding and garden. Our client has developed a loyal customer base, which ensures much repeat business from the local community. The business trades seven days per week and generates an income in the region of £165,636 per annum with a gross profit of 26.6%. We feel there is good potential to increase turnover by extending the opening hours, introducing a lottery machine, installing Pay Point facilities and perhaps offering hot and cold snacks. The new owner could utilise the large property as guest house accommodation, subject to necessary permission. This is an ideal opportunity to acquire a popular newsagents business in a busy location, which has further potential for expansion. Early viewing and negotiations with Preferred Commercial are highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Stone built 3-storey retail premises with large owners' accommodation. Briefly comprising:

Ground Floor
• Sales area with shelving and racking, toys and giftware displays, newspaper and magazine display, central display shelving, drinks refrigerator, greeting cards stand and stationery display
• Private accommodation including utility room, kitchen, lounge

First Floor
• 2 x large double bedrooms
• Large lounge
• Single bedroom
• Bathroom with walk-in shower, wash basin and WC

Second Floor
• Bathroom with bath, wash basin and WC
• 3 x double bedrooms, one is currently used as a lounge
• Single bedroom

External
• Large outbuilding
• Private garden
• Free on street car parking to the front of the premises
 
  Location: W & S Lamond occupies substantial end of parade premises ideally located in centre of the bustling town of Portsoy, Aberdeenshire. Situated in a corner of the main square, the business benefits from ample on-street car parking directly outside and is within easy walking distance of the local bus route. The premises are surrounded by a densely populated residential area and are close to all the town centre amenities including schools. The property is close to the beach and seafront attractions. Portsoy is a vibrant and affluent town and is home to the annual Scottish Traditional Boat Festival, which is very popular with tourists. The business enjoys easy access to the A98, which connects with the Scottish A-road network.
  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: 5.30am to 5.30pm
Sun: 8.00am to 3.00pm
  Energy Performance Certificate   





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