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(REF: 2671)  Town Centre Newsagents in Aberystwyth Dyfed
 
Seller Reference: 2671
B4S Reference: 29572
Asking Price: £369,999
Net Profit:
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
  Business Summary   
  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.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  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
 
  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.
  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 - 8.00pm
Sun: 7.00am - 5.15pm
Licensed until 11.00pm





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