Retail Property (high street) for sale

30 Fife Drive - ML1

£49,950

Property Description

Commercial information

  • Business for sale

Key features

  • Enviable Location
  • Leasehold
  • Long Established
  • EBITDA £30,200

Full description

Tenure: Leasehold

General
Tonner Newsagents is an extremely busy business which has been run by the current proprietor since 1976. The business benefits from being fully equipped and presented in good condition. Although the business is trading extremely successfully, there is still opportunity to expand the business. The business is being sold due to the current vendors wish to retire. The business trades from 05:00 - 16:30 six days per week and 05:00 - 14:00 Sundays. Tonner Newsagents has several paper delivery routes, delivering in excess of 500 newspapers per week to the local area. The business offers a good selection of general groceries, newspapers, magazines, chilled produce, confectionary, cigarettes. The business further benefits from CCTV.

Situation
Tonner Newsagents is located in the heart of a housing development, within the a popular area of Motherwell. The business is well served, being surrounded by residential properties.

Property
The property is an end terraced, lock-up unit over the ground floor. The front is straight to street with a traditional frontage. The entrance is from the front which in turn leads into the main shop. On entering the service counter is located directly to the left and rear, in an L-shape, with a tobacco display behind the counter. The shop is fully fitted with display shelving, and a both frozen and chilled storage. The property further benefits from store area to the rear, along with kitchen area and staff WC.

External
The front of the property is straight to street occupying a corner position with ample parking.

Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of leasehold. The current lease is on an annual rolling basis with the local council, with a monthly rental of £245.

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

Summary
The sale of Tonner Newsagents offers a great opportunity to purchase an established and well performing business. Viewing is highly recommended.

Price
Offers in the region of £49,950 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.

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 us on 0131 314 0660.


Nearest stations

  • Motherwell (0.9 mi)
  • Holytown (1.2 mi)
  • Bellshill (1.2 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 (0.9 mi)
  • Holytown (1.2 mi)
  • Bellshill (1.2 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 44424. 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.

Map data OpenStreetMap contributors.