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Freehold News Agency In Historic Derbyshire Village For Sale

Cromford, Derbyshire
Asking Price:
£380,000 Furniture / Fixtures included
Turnover:
£155,000
Net Profit:
Available on request

Ellis & Ellis Nottinghamshire offer this lovely spacious freehold news agency with Lottery enjoying a first class trading location at the centre of the historic village of Cromford near Matlock, Derbyshire. The village will be forever associated with Richard Arkwright whose nearby Cromford Mill is a World Heritage site. The property itself was built 200 years ago and retains many original features. The shop has served the local community for more than 100 years and has been in the same family ownership for some 20 years.

The business really does need to be seen to appreciate what is on offer.
It offers huge potential in a thriving attractive historic village location with passing, local and tourist trade. The already popular news agency has a spacious shop area with more than enough room to incorporate a café, post office or both. The large roomed three storey building with 180 foot rear garden and outbuildings has enough space for extended family or families, or rooms to be rented out on bed and breakfast basis.

It has location, space and footfall the ability to increase turnover with reduced overall costs, making it a very profitable enterprise.

This is a genuine retirement sale by the owners.

Property information

Property:

Freehold

Living Accommodation:

There is 3 bed owners accommodation on the 2nd and 3rd floors enjoying lovely views.

Location:

In the lovely village of Cromford, near Matlock. Derbyshire

Premises Details:

A freehold village centre property.

Business Operation

Expansion Potential:

Potential to add services such as Post Office and Coffee Shop.

Competition / Market:

Normal local competition but little competition for newspapers..

Reasons for selling:

A genuine retirement sale.

Trading hours:

Monday-Saturday. 5.00am to 6.00pm. Sunday 5.30am to 12.30pm.

Employees:
2 vendors and news delivery persons
Years established:
The business has been in the same ownership for 20 years

Other Information

Support & training:

Full training will be provided.

Furniture / Fixtures value:
£5,000 - included in the asking price

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