Newsagents And Convenience Store In Wetherby West Yorkshire For Sale

Business description

We delighted to offer for sale this popular newsagents and convenience store, which was established in the 1960s and which has been in our client's hands since 2005. The store is only now being placed on the market due to our client's other business interests. The store offers a range of groceries and convenience items, newspapers, sweets and tobacco and generates a turnover in the region of £250,000 per annum with a gross profit of 28%. A new owner could easily increase turnover by perhaps, extending the opening hours into the evenings, applying to sell lottery and by offering newspaper rounds and home deliveries to the local area. The premises boast self-contained three bedroom living accommodation above, which is currently let out, generating £7.500 per annum. We feel this represents an ideal opportunity to acquire a well-established newsagents and convenience store, in such a desirable location and with scope for future growth. Early viewing, arranged through us must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining: 4 years
Review: every 3 years
Rent: £660 per month

Location:

Mason House Stores occupies a prominent trading position in a popular residential area in Wetherby, West Yorkshire. The business lies next to the local church and community centre and opposite two local schools. The convenience store lies on a bus route with regular services to the town centre, which lies less than half a mile away. Wetherby is an affluent and sought after town, which boasts a famous racecourse and a golf course. The area is easily accessed via the A1(M). Leeds lies approximately 12 miles to the south, while York is approximately 12 miles to the east.

Premises details:

2-storey brick built premises with car parking to front and 3-bedroom self-contained flat above. Briefly comprising:

Ground Floor
• Open-plan sales and display area fitted to suit trade with retail counter with cash register, confectionery display, scales, cigarette gantry, crisps display, Hospital Lottery stand, shelving to walls for convenience items, greeting card display, newspaper and magazine racking, various toy stands, soft drinks chilled display, Red Bull drinks chiller, freezer, Ben & Jerry's ice cream freezer
• 2 x storerooms
• WC

First Floor
Self-contained flat, briefly comprising:
• Kitchen
• Bathroom
• Separate WC
• Lounge
• 3 x bedrooms

External
• Parking to front and side

Business Operation

Trading hours:

Mon - Fri: 6.30am - 5.00pm
Sat - Sun: 7.00am - 12.00pm