Retail Property (high street) for sale

106 Merry Street - ML1

£59,995

Property Description

Commercial information

  • Business for sale

Key features

  • Main Road Location
  • Leasehold
  • Huge Potential
  • Long Established

Full description

Tenure: Leasehold

The Business
Bruce & Co. are delighted to introduce J & J Newsagents, a well-run and popular shop located on main road through Motherwell. The business has been under the clients ownership for 22 years and they have reluctantly placed it on the market as they now wish to retire. The store stocks a selection of papers/magazines, cards, cigarettes and confectionary. Although trading successful, we believe turnover could be increased with additional opening times and expanding some of the retail lines on display. This business has huge potential as the business is currently run to a pace which suits the owners.

Trading Hours
05.00-15.00 Mon-Sat
05.00-13.00 Sunday


Staff
Owner managed run with part time staff

Situation
J & J Newsagents is perfectly positioned in a most enviable trading position on main road into Motherwell town centre and enjoys high footfall from customers. The area is ideally situated for commuters with bus and rail links to both Glasgow and Edinburgh. The M74 and M8 motorway networks are nearby and provide further national travel links throughout the UK. Motherwell and nearby Wishaw both provide access to a selection of good schools as well as numerous retail and leisure facilities.

The Property
The business premises occupy a purpose-built unit on a row of commercial properties. The shop floor is well designed with a functional service counter which goes the full length of the shop. The shop has ample shelving and display opportunities all around the shop floor along with two large display windows. The business also benefits from a store room located to the rear along with staff WC facilities and small kitchen.

Building External
There is ample on street parking

Services
The property has all main services connected.



Tenure
The property is on a council lease with annual rental of £4656 Pa. We have been informed a longer lease is available to new owners should they wish.

Trading Figures
Full trading figures will be available after a formal viewing has taken place.



Summary
This Opportunity offers potential buyers with a fantastic walk in opportunity in an already well run and profitable business with huge scope to increase sales turnover and all at an extremely competitive asking price! Early viewing essential!

Price
Offers over £59,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact office

Website
Visit our website at www.bruceandco.co.uk for a range of other properties available.



Bruce & Co
Bruce & Co is the trade name of Bruce & Co Ltd. Registered in Scotland No: 190660


Nearest stations

  • Motherwell (0.2 mi)
  • Airbles (0.7 mi)
  • Holytown (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Motherwell (0.2 mi)
  • Airbles (0.7 mi)
  • Holytown (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 45663. 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 ALTIUS GROUP LIMITED, Bruce & Co. 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.

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