Newsagents for sale in Settle

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Newsagents Stationery Toys Gifts Settle North Yorkshire Business For Sale

Settle, North Yorkshire, England

  • Leasehold Price: £48,999  Price Reduced arrow_drop_down
  • Annual Turnover: £470,000
Seller Reference: Aspire1893
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: Aspire1893
Request Details
Business Description
Leasehold Business for Sale offers over £48,999

• Business established for over 100 years.
• Newsagents with National Lottery, Stationery, Cards and Toy Shop.
• Prime, central location off main Market Square within the centre of Settle.
• Only traditional newsagents within Settle.
• Ample free car parking facilities.
• Wide frontage with prominent signage.
• Spacious ground floor premises with scope to expand product range.
• Turnover of £470,000 per year with 26% gross profit.
• Rent of £1002 per month.
• Business Rates £140 per month ( No business rates payable from April 2018 ).
• Opening Hours: Mon to Fri 5.15am to 5.30pm. Sat 5.15am to 5pm. Sun 5.15am to 3pm.

Aspire is delighted to offer for sale this thriving newsagents business with National Lottery, stationery, cards and toys for sale, within the vibrant market town of Settle in North Yorkshire. The business occupies spacious, ground floor, lock-up leasehold premises with a wide frontage and prominent signage. It is situated off the main market square in the centre of Settle and benefits from a high daily footfall and much passing trade. It is surrounded by a wide variety of other quality independent shops, cafes, restaurants and other local businesses, generating significant repeat custom. In addition there is ample car parking facilities outside and in the near vicinity. Settle itself is an exceptionally popular and bustling market town within the historic Yorkshire Dales and is a haven for visitors and tourists all year round. It is home to the famous Settle to Carlisle railway as well as a number of high profile festivals throughout the year. There a number of well-respected schools in the vicinity yet still within comfortable commuting distance of both North Yorkshire and Lancashire conurbations.

The newsagents business has been established for over 100 years and is the only traditional newsagents trading within Settle. It benefits from having the National Lottery and sells a variety of stationery products, cards, small gifts and toys. Currently the business has an annual turnover of £470,000 achieving a 26% gross profit. There still remains potential to increase turnover further as there is plenty of space within the premises to expand the overall product range and introduce new lines. There are 15 newspaper rounds including 360 daily paper deliveries excluding the local paper. National Lottery Commission is in the region of £400 per week. The business trades only during the day offering scope to open early evenings if desired.

Ground Floor Lock-up premises, briefly comprising:-

Main Entrance.
Exceptionally spacious open plan retail sales area:-
Wide sales counter, 2 x electronic cash registers, National Lottery terminal, Newsagent till system and printer.
Newspaper stand, confectionary stand, 2 x central product display aisles, shelving / racking on perimeter walls, 2 x double drinks chiller cabinets, double ice cream fridge, magazine display racks, numerous card displays, 2 x slush machines, bean to cup coffee machine, various card spinners.
- Store Room.
- Additional Store Room + WC and basin.
- Rear Exit Door to owner’s parking and additional shared parking.

This is a unique opportunity to purchase such a well-established, thriving local business within impressive leasehold premises in a fantastic, central location within Settle. Early discussions with Aspire, in confidence, must come highly recommended. Reference 1893. Telephone 01257 440544. www.aspirebusinesses.co.uk
Tenure:
Leasehold
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