Shop for sale

Seaton NewsThe Front,Seaton Carew,Hartlepool,TS25

Under Offer 155 sq. m. | £179,000

Property Description

Commercial information

  • Business for sale
  • 1,668 sq ft (155 sq m)

Key features

  • REF: 2453
  • FREEHOLD NEWSAGENTS

Full description

Tenure: Freehold

LOCATION
Seaton News is located in the seaside resort of Seaton Carew in County Durham.

The business occupies a prominent trading position on The Front. The main thoroughfare in the town. Seaton News sits within a parade of busy retail outlets, eateries, public houses and other town centre amenities, a seafront position ensuring constant high footfall throughout the day.

Seaton Carew is within the borough of Hartlepool. The town is situated on the North Sea coast between the bustling town of Hartlepool and the mouth of the River Tees. The area is visited by thousands of tourists and day trippers each year, drawn by the spotless miles of sandy beaches, promenade, arcades and eateries.

Seaton Carew is served by the A178 and boasts its own railway station.

BUSINESS
Hilton Smythe welcomes to the market Seaton News. This prominent newsagents was originally founded in the 1950's and has been under the careful ownership of our clients since 2005.

The business reports a fantastic turnover of 350,000 per annum with a gross profit at circa 22%. Seaton News is very well supported not only by the local community but by the honeypot of tourists visiting the region.

Revenue is generated through the sales of newspapers, magazines, confectionary, cigarettes, soft drinks, greeting cards, postcards, Lotto tickets, Paypoint and Hermes delivery service. Additional income is derived from popular newspaper delivery rounds in the vicinity.

There is a room to the rear used as a small storage area and for sorting papers, it might be possible to reconfigure this space to allow additional shelving to extend the retail area and introduce new lines such as groceries or alcohol.

Additionally, the business benefits from substantial owner's accommodation above the business with 3 double bedrooms.

This is a long established business, ideal, perhaps for a couple or family looking for a lifestyle change in this vibrant resort.

PREMISES
Double fronted mid parade premise briefly comprising:-

Good signage to the front with large window displays.

Main retail area with racking to perimeter walls, long serve over counter with cigarette gantry and further shelving behind.

Double drinks chiller, ice cream freezer, 2 smaller fridges and card display.

The business is fully shuttered and benefits from street parking directly to the front.

The owner's accommodation is accessed from the rear of the shop and briefly houses the kitchen and bathroom on the ground floor. The living room and one double bedroom on the first floor. A further two double bedroom and toilet are on the second floor.

There is a access to a yard at the rear.

TENURE
We are advised freehold.

HOURS
The business opens:-

Monday to Sunday 5.00am to 6.00pm

STAFF
The business is owner run and managed by our clients with the assistance of 9 paperboys/girls, 1 full time member of staff and 2 part time.

FINANCIAL PROFILE
The business reports a fantastic turnover of 350,000 per annum with a gross profit at circa 22%.

The above figures include:-
Lotto sales circa 1500 per week and
News sheets between 1500 - 1900 per week.


Nearest stations

  • Seaton Carew (0.5 mi)
  • Hartlepool (2.0 mi)
  • British Steel Redcar (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Seaton Carew (0.5 mi)
  • Hartlepool (2.0 mi)
  • British Steel Redcar (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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 2453. 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 Hilton Smythe, 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.

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