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Kendal

£225,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

SUPERB NEWSAGENTS AND SPECIALIST TOBACCONIST’S
Character 3 bedroom owners’ accommodation
Situated in the beautiful town of Kendal
Turnover £4,000 p/w with good profits
Early viewing highly recommended
Scope for further development
Enviable high street location


Location
This superb newsagents is located in a prime position on the main A5284 through Kendal town centre. It is surrounded by a wealth of complimentary businesses and is directly opposite a new 56 bedroom hotel providing fabulous opportunities for passing trade.

The business is also located within a short walk of the headquarters for the local emergency services which provide regular and repeat custom.

Kendal is a market town and civil parish in the South Lakeland District of Cumbria. It lies approximately 40 miles south of Carlisle and is the 3rd largest town in the Lake District.

Kendal is well known for its world famous ‘Kendal Mint Cake’ and as a producer of pipe tobacco and tobacco snuff.

It is now largely known as a popular tourist destination and is affectionately known as ‘The Gateway To The Lakes’.

The town is easily reached with access via the A6 and A684 providing easy reach to the UK’s wider motorway network via the M6.


Business History
Meridian Business Sales are delighted to offer to the market this superb character newsagent which has been established for over 75 years and has been in the careful hands of our client for the previous 25 years. Our client is offering the business to the market due to his desire to take a well deserved retirement.

Since our client took ownership of the business he has built up an enviable reputation in the community for a friendly and reliable service and provides a vital newspaper service for the surrounding local areas via 5 Royal Mail newsrounds as well as the more traditional 4 shop based newsrounds.

Our client advises us of a weekly turnover of £4,000 with good profits which is derived from the sales of newspapers, cigarettes and confectionary and the business has a well deserved reputation as a specialist provider of smokers products and specialist tobacco’s.

Our client currently operates on limited opening hours providing great scope for further turnover for any potential purchaser, our client also has chosen not to supply any technology based products such as mobile phone top up facilities or National Lottery tickets again providing great scope.

The business is situated in one of the most desirable areas of the country and would provide a husband and wife partnership a good standard of living at the heart of the Lake District.

This is a superb opportunity to purchase a well established business with great scope for improvement in one of the UK’s most desirable locations and early viewing is highly recommended as opportunities of this calibre rarely stay on the market for long.


Financial Profile
Turnover: £4,000pw
Gross profit: £42,000
Stock approximately: £12,000


Tenure
We are advised freehold


Opening Hours
Monday: 5:00am - 5:00pm
Tuesday: 5:00am - 5:00pm
Wednesday: 5:00am - 5:00pm
Thursday: 5:00am - 5:00pm
Friday: 5:00am - 5:00pm
Saturday: 5:00am - 3:00pm
Sunday: 5:00am - 11:00am


Accommodation

Beautifully presented newsagents/tobacconists ideally located in main road position briefly comprising:

Secure entrance leading to open plan retail unit, well stocked and beautifully presented.

Service counter with cash register.

Large confectionary display.

2 x glass fronted smokers’ lighters and pipe display units.

Cigarette and tobacco display unit.

Crisps display unit.

2 x tower chillers.

Free standing base freezer.

Greeting card display stand.

Rear of retail unit provides access to owners’ accommodation, off hall stairs provide access to first floor with end of hall access to rear garden.

FIRST FLOOR
Staircase leads to:

Fitted kitchen.

Open plan lounge with authentic feature wooden roof beams.

Spiral staircase leads to second floor.

SECOND FLOOR
Main bathroom.

3 x double bedrooms.

EXTERNAL
Beautifully maintained rear garden.

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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Disclaimer

Property reference 2288. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.