Convenience Store for sale

Eastgate, Pickering, North Yorkshire, YO18

Leasehold 38 sq. m. | £53,500

Property Description

Commercial information

  • Business for sale
  • 413 sq ft (38 sq m)

Full description

Tenure: Leasehold

LOCATION
Eastgate News is ideally located in the bustling town centre of North Yorkshire.

This business is within the town centre Eastgate in Pickering, surrounded by complimentary businesses, like the restaurants next-door and within walking distance is rows of stone built houses. This store is in perfect setting within this well-known tourist town and with free street parking, this store thrives from the busy footfall of the area.

There is a bus route at the front of the property, which goes through to Leeds City Centre or in the opposite direction Whitby.

BUSINESS
Hilton Smythe are proud to introduce to the market Eastgate News, the busy well stocked local newsagents has been established since the 1980's.

This beautiful double fronted property has been successfully run and managed by our clients since 2007. They are now reluctantly selling the business due to a well-deserved retirement.

The store generates an advised healthy turnover of 250,000 per annum, from selling a wide variety of products like magazines, greetings cards, cigarettes, confectionary and other conveniences.

They do also offer paypoint/payzone, scratchcards and news sheets There has recently been a lottery terminal fitted.

Throughout March to October the business offers a delivery service on weekends, for newspapers etc. to a well-established caravan site. They also currently run a delivery service to local residents around Pickering.

This premises have been fitted to a high standard, and certainly looks its part within this fantastic affluent town. We advise a husband and wife team to take over at this business, to help build and flourish this business even further.


PREMISES
This well signed ground floor terraced property, is always well kept.

The main shop area is reasonably sized and fitted with a serving counter cigarette gantry. The shop is fully equipped with perimeter shelving, card displays, magazine racks, centre shelving display, drinks fridges and freezer. There is also a coffee machine in the store, however that is on lease.

In the back of the store there is a toilet and also a store cupboard.

At the front of the shop is spaces for parking along the street.

TENURE
We are advised that the business is a leasehold
Original length of lease 20 years
Remaining years of lease 15 years
Rent 2,040 per quarter

HOURS
Business opening times

Monday-Saturday: 5am-6pm
Sunday: 5am-2pm

STAFF
The wife and husband team run and manage the business.

FINANCIAL PROFILE
We are advised the turnover for the business is around 250,000



Nearest station

  • Malton (7.7 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 299139 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 station

  • Malton (7.7 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 299139 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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