Newsagents and Convenience Store in Lincolnshire Village
Price:
Leasehold - £34,950
Location:
Lincolnshire , Lincoln, Branston
Business Type:
Retail businesses
Preferred Commercial is pleased to offer for sale this busy newsagents and convenience store, which has been in our clients' careful hands since 2003. The business is only now offered to the market due to our clients' wish to retire. The well-established business offers a range of general CTN lines along with greetings cards and alcohol. Our clients have established a loyal customer base within the local community and supply seven newspaper delivery rounds. The business currently trades seven days per week and generates a turnover in the region of £200,000 with a gross profit of 25%. We feel the turnover could be further enhanced by extending the range of goods and the new owner could also apply to sell Lotto tickets. This is a great opportunity to acquire a popular and well-respected business, which lies in a charming village location and which has further potential. Early viewing and negotiations with Preferred Commercial are highly recommended.
Brookfield News occupies ground floor lock-up premises ideally located on a parade of shops within a densely populated residential area in Branston, which is on the outskirts of Lincoln, Lincolnshire. The business benefits from a communal car park adjacent to the parade of shops and there is a bus stop directly outside the premises. Branston is a large village and a desirable place, which is surrounded by picturesque countryside. The business boasts easy access to the centre of Lincoln, which is just over three miles to the north.
Leasehold
Original length:25 years
Remaining:16 years
Review:every 4 years
Rent:£6,000 per annum
Mon - Sun: 6.30am to 8.00pm
Single storey, purpose built retail unit with CCTV and ample car parking. Briefly comprising:
Ground Floor
• Sales area with racking and shelving to perimeter walls, 2 x drinks chillers, central shelving aisle, greetings cards display rack and carousel, magazine and newspaper racks, alcohol display, ice cream freezer, confectionery display, refrigerator, sales counter with EPOS system, weighing scales and cigarette gantry.
• Rear storage room with racking and shelving
• WC with wash basin and water heater
• Kitchenette
• Rear exit door
Loft
• Used as additional storage
North Yorkshire
£ 750,000
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