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Potential To Develop
EPC - C
Blacks Brokers are pleased to bring to the market this long-established, busy and profitable freehold newsagents business and investment property in Whittingham, Preston.
Vaughans of Whittingham is a popular and busy newsagents business housed within an exceptional investment property in the ever popular area of Whittingham in Preston. The business has been open here since the 1920’s and our client has been at the helm for 30 years. Both the property and the business are very much part of the local community in this sought after area. Offered for sale due to retirement, this is a most exciting opportunity for a new owner to acquire a sensational property, business and village lifestyle.
Cumeragh Lane is the main road through this village and the property is located opposite a large NHS Hospital specialising in mental health care, giving the business strong repeat custom from staff and also patients. There is no direct competition in the immediate area and a new housing development (new build by Taylor Wimpey with circa 650 houses) is being built currently close by with potential future plans for an infant school additionally. There are also four high schools and three junior schools in the area which all provide much passing trade.
The property itself is a large, double fronted, detached property within a charming residential area. It was built in 1904 and still exudes some of that early 1900’s charm. There is unrestricted roadside parking at the front and a private area for owner parking. To the rear of the property is a large, well-manicured garden and a garage. The business is housed within the ground floor of the property with well stocked shelving and display stands, with a till and serving counter to the rear of the shop floor. The business is bringing consistent weekly takings of £3,000 and there is scope to expand into alcohol sales and new product lines, or even change the nature of the business completely, if preferred.
To the rear of is the kitchen which leads to the living room and utility room. On the first floor, there are two double bedrooms and one single bedroom with a family bathroom. All areas are well presented with tasteful décor and a homely feel and atmosphere.
This opportunity is one of a kind and we advise viewings, by appointment as soon as possible.
MON - FRI: 06:30 - 17:00
SAT: 06:30 - 12:30
SUN: 06:30 - 10:30
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