| (REF: 2671) Town Centre Newsagents in Aberystwyth Dyfed |
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| Seller Reference: |
2671 |
| B4S Reference: |
29572 |
| Asking Price: |
£369,999
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| Net Profit: |
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| Sales Revenue: |
£415,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Ceredigion, Mid Wales, United Kingdom |
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Preferred Commercial is pleased to offer for sale this popular town centre newsagents, which was established in 1960 and which has been in our clients' careful hands since 2007. Castle News is only now being placed on the market due to our clients' other business interests. The business operates 7 days a week offering traditional CTN lines and generates a turnover in the region of £415,000 per annum with a gross profit of 20%. The business is easily run by our clients with no other members of staff. There is scope for a new owner to increase turnover by perhaps, offering newspaper deliveries, extending the retail area to the rear and expanding the product lines offered. The premises also boast 3-bedroom owners' accommodation to the first and second floors. We feel this is an ideal opportunity to acquire a freehold newsagents business is such a desirable and sought after area. Early viewing must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Substantial 3-storey corner property with 3-bedroom owners' accommodation. Briefly comprising:
Lower Ground Floor
• Dry cellar used as a store room, freezer
Ground Floor
• Main sales and display area fitted to suit trade with tiled flooring and diffused lighting, shelving to perimeter walls , double chiller, 2 x double freezers, 8 foot open chiller, large magazine and newspaper display area, cull width counter with confectionery display, coffee machine, PayPoint, EPOS terminal, tobacco gantry behind
• Store room
• Stairs to owners' accommodation
First Floor
• Lounge with log burning fire
• Dining room
• Kitchen with a range of fitted wall and base units, tiled floor and stainless steel sink
Second Floor
• 2 x double bedroom
• Single bedroom
• Bathroom with bath, WC and washbasin, skylight
External
• Enclosed rear yard
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Location: |
Castle News occupies prominent end of terrace, 3-storey premises in the heart of Aberystwyth, Dyfed. The newsagents is situated in a popular parade and is surrounded by complementary shops and businesses. All the town's amenities, including the railway station, are within easy reach and the beach and harbour lie just a short walk away. Aberystwyth is a historic market town and holiday resort on the Ceredigion Heritage Coast. The town boasts a historic castle and is also home to a popular university. The area is easily accessed via the A44 and A487. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Sat: 6.30am - 8.00pm
Sun: 7.00am - 5.15pm
Licensed until 11.00pm
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