Well Established Newsagents & Off Licence - Trading Over 100 Years
Freehold Option Available £120k - Leasehold Flat Above Currently on 60 Year Lease Paying Peppercorn Rent
Prime Trading Location - £7,500 Weekly Turnover With Huge Potential For Growth
Long Lease On Offer - Viewings Highly Recommended
Profitable leasehold newsagents and off licence located in a busy central location. Turnover for year end March 2020 of £387,000 plus lottery sales with potential to increase. Freehold Opt Available at £120k - enquir for more info. Leasehold Ref 48154
Harrison Newsagents is located in the town centre of this busy tourists town of Berwick-upon-Tweed, in the most northernmost town of England at the mouth of the River Tweed. The current turnover of £378,000 has been achieved with reduced opening hours which by increasing the trading hours would give the potential of a substantial increase of turnover. The alcohol license allows alcohol to be sold from 5:30am to 22:00 which is currently not being used to full potential.
This a traditional newsagent which has been trading for over 100 years. They offer a news delivery service and this could be increased. They also have a range of stationery, gift products, cards, groceries, tobacco, alcohol, soft drinks, crisps, confectionary and snacks and lottery.
This newsagents is in an excellent location with free car parking outside and within walking distance to local schools and the busy railway station. The internal fixtures and fittings including floor covering have been kept in excellent condition and it is very welcoming for their customers.
Summary. Bruce & Co are delighted to bring to the market this excellent business opportunity of a well established newsagents. We are expecting a high level of interest so recommend an early viewing is essential.
Is accommodation included?: