Retail Property (high street) for sale94 Sandgate - KA7
- Business for sale
- Prime Corner Location on Main Road
- Price Negotiable, Leasehold
- £350K+ Turnover P/A
- Newly selling National Lottery, Established for Over 50 Years
Bruce and Co introduce for sale Sandgate news, a long established newsagent that has been trading for over 50 years. The business has been under our clients ownership for a year and they have chosen to place Sandgate news on the market due to family commitments. Sandgate News is a profitable business, as well as having an enviable location and now Newly selling National Lottery, the business also has a good base of loyal clientele and enjoys much repeat custom due to the transport links directly outside the shop and a local school situated nearby. Sandgate news is trading well but with new owners willing to increase opening hours and the introduction of lottery and alcohol sales profits would undoubtedly increase. There is also scope to increase the turnover with the increase of newspape deliveries an area ofthe business which is not currently utilised.
Owner run with 1 full time and part time staff
Sandgate Newsagent is located in the centre of Ayr, at the bottom of the Sandgate. The property itself is a corner unit on one of Ayr’s busiest city centre thoroughfares, with the esplanade also only a 5 minute walk away. Here there is a Family Entertainment Centre where many families travel to hold children’s birthday parties and enjoy such facilities as a children’s Adventure Playground, Mini Golf, and a Fun Park. On hot days and at weekends, this area of Ayr can be bustling with both locals and day trippers. There is also a main bus route stop directly outside the shop.
The property is of standard stone construction and lies under a pitched and slated roof. The business boasts a prominent corner position with single door entry and large triple glass window frontage. A private doorway leads to a staircase which takes you up to the storage and office area. The upstairs is a well sized area, with the office at the rear and a small window over-looking the main sales area. There is also an attic which is currently used for extra storage, and a small W/C for staff. The current owners have recently renovated the property and added new fridges and display shelving making this a turn key operation.
The business is situated in a highly visible trading position on a main through road to Ayr city centre. The front of the property looks straight to street and there is on street parking available for several cars.
Sandgate News offers potential buyers with a long established business at an attractive asking price. The premises are presented in walk in condition and the business is located on a main road through Ayr. It benefits from widespread local reputation and regular customer base.
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 over £50,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.
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