Shop for sale

Bourton Court, Middlesbrough, Cleveland, TS3

69 sq. m. | £79,995

Property Description

Commercial information

  • Business for sale
  • 742 sq ft (69 sq m)

Key features

  • LEASEHOLD
  • REF 12820A

Full description

Tenure: Leasehold

LOCATION
Evans News occupies substantial ground floor premises, ideally located within the town of Middlesbrough in North Yorkshire. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. The business further benefits from good car parking facilities to the front of the premises.

Middlesbrough is a large industrial town on the south bank of the River Tees in North Yorkshire. According to the 2011 census, the town had a residential population of 138,400. The town centre consists of four shopping centres, the largest of which is the Cleveland Centre. There are a variety of stores from high street chains to aspirational and lifestyle brands.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. There are two railway station within half a mile of the business, James Cook and Marton. The area is also well served by the A-roads, with the A172 being within easy driving distance, which links to the national A-road and motorway networks. Middlesbrough town centre is 3 miles away and Stockton-on-Tees is 8 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy newsagent and convenience store in Middlesbrough, North Yorkshire.

The business was originally established in the 1980s and has been in our client's careful ownership since 1996. Only now is the business, reluctantly, being offered to the market, due to our client's other interests. The business currently operates 7 days per week and generates a turnover in the region of 500,000 per annum, with a gross profit of approximately 20%.

Our client offers a wide variety of goods including newspapers and magazines, convenience items, confectionery, greeting cards, frozen goods, dairy produce, alcoholic beverages, soft drinks, Lottery, scratch cards and tobacco products, to name a few. The property boasts 69 sq. metres of floor space, is very well maintained and fitted out to suit the trade.

The business has built up an excellent reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening later in the evening. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and service offered.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving and busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial ground floor premises in a prime trading location, briefly comprising:

Large open plan retail area.
Serve over counter with two EPOS cash registers.
Tobacco gantry.
Scratch card display.
Lottery terminal.
Confectionery display.
Perimeter and central display shelving throughout the store.
Pie warmer.
Large chiller unit.
2 x freezers.
Slush machine.
Cash machine.

2 x stock rooms to rear.
Small kitchen.
WC.

External:

Well signed.
Free parking facilities.

TENURE
We are advised Leasehold:

Original lease length: 7 years
Rent: 5,100 per quarter.

HOURS
The business is open:

Monday - Sunday: 6.45am - 7.00pm

STAFF
The business is owner run and managed with 3 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 500,000 per annum, with a gross profit of approximately 20%.

Nearest stations

  • Marton (0.4 mi)
  • Gypsy Lane (1.4 mi)
  • Nunthorpe (2.0 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

  • Marton (0.4 mi)
  • Gypsy Lane (1.4 mi)
  • Nunthorpe (2.0 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 12820A. 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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