Retail Property (high street) for sale

5 Market Place - DN14

£304,950

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive traditional newsagents with a spacious grade II listed family home
  • Weekly takings £5,100, news sheet £2,000 (audited GP 26.7%)
  • Prime high street trading position, fantastic potential to develop
  • Well fitted, delightful 4 bedroom accommodation, garden, garage, present owner 26 years

Full description

Tenure: Freehold

DESCRIPTION
This is a rare and exciting opportunity to purchase an impressive traditional newsagents, located in the desirable East Yorkshire town of Snaith, which lies approximately 6 miles West of Goole.

The Paper Shop occupies a prime trading position on the main high street at the very heart of the bustling town, amongst a selection of local businesses with ample parking facilities and is surrounded by quality residential housing. As you would expect, the area is a hive of activity throughout the day, attracting high levels of regular local and passing trade.

Having been in present ownership since the 1990’s, this well known and heavily relied upon business has forged strong relationships with the local community and therefore boasts an extensive and loyal customer base.

The Paper Shop operates from a highly visible and imposing double fronted grade II listed property, providing a versatile ground floor lock up business accommodation with a delightful family living accommodation.

The retail space is neatly fitted with a good range of fixtures and fitments, creating a bright and welcoming environment.

The business retails a range of newspaper and magazine titles, greetings cards, stationery, confectionery, tobacco products and soft drinks.

The Paper Shop is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for a family unit who have the opportunity to possibly introduce an off licence, convenience lines and an ATM.

These additions would naturally increase the already impressive trading figures, whilst ultimately enhancing the overall profitability.

This first class business opportunity is only now being offered for sale due to semi-retirement and a viewing is highly recommended to avoid disappointment.


Sales
Currently shop sales average £5,100 approximately.

OTHER
News Sheet — £2,000 (retail)


ACCOUNTS
Available accounts are to year end 30th April and are summarised below:
2015 - Sales £318,238 GP £85,152
2014 - Sales £336,659 GP £87,860


TRADING HOURS
Monday — Friday 05:00 — 17:30
Saturday 05:00 — 16:00
Sunday 05:00 — 11:30




STAFF
The business is managed by the owners with 2 part time members of staff.

Building External
The highly visible and imposing grade II listed double fronted property has been carefully updated and modernised, offering an excellent blend of ground floor retail space with a spacious and versatile family accommodation.

BUILDING INTERNAL
The sales area is light and airy with a range of good quality fixtures and fittings, creating a welcoming environment. There is the benefit of a small office area and a storage area.

RESIDENTIAL ACCOMMODATION
The spacious living accommodation is tastefully presented throughout and would ideally suit a growing family. The accommodation briefly comprises of:

Ground Floor
Living Room - An inviting and comfortable reception room, with a feature fireplace and French windows leading out onto the rear patio area.

Dining Area — A spacious and versatile reception area with an archway leading to the main living room.

Fitted Breakfast Kitchen — A range of quality wall and base units with complimentary worksurfaces, a built in double oven, an extractor, a gas hob, a stainless steel sink unit and plumbing for an automatic washing machine.

There is also a cloak room/ WC.

First Floor
Double Bedroom 1— A spacious room with a range of fitted wardrobes.

Double Bedroom 2 — A generous double room.

Double Bedroom 3 — A spacious and versatile bedroom.

Single Bedroom — A good size room with a range of quality fitted wardrobes.

Family Bathroom — A modern three piece white suite comprising of a wash hand basin, a panelled bath with a shower attachment, a low level W.C and part tiled elevations.

Externally
A pleasant patio area, a lawned garden, off road parking for several vehicles and a twin detached garage.


TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


SUMMARY
This is an excellent opportunity to purchase a thriving business with a spacious family home, positioned in a sought after area. Only now being offered for sale due to semi-retirement, a viewing is highly recommended to avoid disappointment.


Nearest stations

  • Snaith (0.2 mi)
  • Rawcliffe (2.8 mi)
  • Hensall (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Snaith (0.2 mi)
  • Rawcliffe (2.8 mi)
  • Hensall (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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.

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