Cumbrian Freehold Newsagents For Sale

Business description

Preferred Commercial is delighted to offer for sale this desirable newsagents that has been established for over 70 years and has been in our client's hands for the past 7 years. The business is now offered for sale due to our client's wish to go back to college and do a degree. The newsagent is one of only two in Silloth and is situated only 500 yards from both a primary and secondary school. The average weekly turnover is £3,600 with a high gross profit of 26% and a newssheet of £1,300, with 7 morning rounds. A new owner, in our opinion, could take great advantage of this already profitable business with the introduction of a wider product range if so wished. Benefiting from excellent 3 bedroom living accommodation, the business would be ideal for both a husband and wife or partnership. This is a fantastic opportunity to purchase such an established and popular local business offering infinite scope for the future. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Living accommodation:

• The living accommodation is self-contained and separately metered and if wished could be rented out.

Location:

The Kandy Shop is located on a busy retail parade close to the town centre and benefiting from being in a densely populated residential area with free on-street car parking. The business is situated opposite a park and boasts stunning coastal views. The business draws its trade from the wealth of local, as well as passing traffic within the area. Silloth is a small Cumbrian coastal town on the shores of the Solway Firth and benefits from an 18-hole golf course, glorious sea views and sunsets.

Premises details:

Single fronted 3-storey premises situated in a busy retail parade close to the town centre. Briefly comprising:

Ground Floor
• Open-plan retail sales area with shelving and racking on perimeter walls, wide sales counter, cigarette gantry behind counter, glass fronted display cabinet, coffee machine, central display aisle, card display racks and ice cream refrigerator.
• Stock room with shelving and racking.
• Staff room and WC
• Access to private self-contained living accommodation.

First Floor
• Separate entrance with lobby.
• Hallway and stairs to first floor with original banisters.
• Quarter landing with family bathroom.
• Second hallway
• Kitchen.
• Dining room.
• Lounge with three windows, all with fantastic views. Very spacious room.

Second Floor
• Landing.
• Double bedroom.
• Second double bedroom with fantastic views.
• Third double bedroom with sea views.
• Stairs to third floor attic room used as study but could offer further bedroom accommodation.

• The living accommodation is self-contained and separately metered and if wished could be rented out.

Basement
Stone stairs from stockroom with several large rooms used for storage. Dry and with headroom, scope for conversion.

Other information

Trading hours:

Mon - Sat: 4.30am - 5.30pm
Sun: 4.30am - 5.00pm