Shop for sale

Smiths Newsagents, 139-141 Connaught Avenue, Frinton-On-Sea, Essex, England, CO13 9PS

£165,000

Property Description

Commercial information

  • Business for sale

Key features

  • Total sales Y/E 31/03/2018 908,412
  • Gross profit Y/E 31/03/2018 152,868
  • Established town centre newsagent
  • Prominent main high street location
  • Ideal family run business with potential
  • Energy Rating D

Full description

Tenure: Leasehold

Description

The business occupies the ground floor of a multi-storey building.

Location

Located within the Essex coastal resort of Frinton-on-Sea, with Colchester approximately 20 miles, Ipswich 30 miles and Chelmsford 50 miles, all reached via the A12, via the A120 and A133. Frinton-On-Sea is approximately 80 miles north east of Central London.

Frinton-On-Sea has an excellent reputation for being fully supported by all of the amenities associated with a far larger town, and is recognised as an area of stable and sustainable wealth from within its local residents.

Internal Details

A traditional newsagent with an advised floor area of approximately 1,200 sq ft, which is fitted and equipped for the sale of newspapers, magazines, confectionery, cigarettes, greetings cards, stationery, soft drinks, sandwiches and ice creams. The business benefits from being a PayZone and National Lottery Ticket Agent and has 20 morning newspaper delivery rounds, with an average daily delivery to circa 600 customers.

Fixtures & Fittings

We are advised that all of the trade fixtures and fittings are owned outright.

External Details

There is on road parking directly adjacent to the business with car parks in close proximity. The business has two allocated car parking spaces at the rear of the business.

The Opportunity

Owned and operated by our clients since 2002, during which time they have developed and maintained a strong customer loyalty. We believe that the business can comfortably be run by a family or operated as a second business by an existing operator. There is further potential to extend the opening hours and to add a convenience offering.

Staff

Currently run by three full time and six part time members of staff in addition to the news delivery staff.

Trading Information

Total sales, including National Lottery and services, for the year ended 31 March 2018 were £908,412 excluding VAT, resulting in a gross profit for the same period of £152,868.

Trading Hours

Monday to Saturday 5:00am - 6:00pm
Sunday 5:00am - 1:00pm

Business Rates

The Rateable Value is £22,000 for the year commencing April 2010.


More information from this agent

Nearest stations

  • Frinton (0.3 mi)
  • Walton-on-Naze (1.3 mi)
  • Kirby Cross (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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

  • Frinton (0.3 mi)
  • Walton-on-Naze (1.3 mi)
  • Kirby Cross (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Ipswich

Hyde Park House Crown Street, Ipswich, IP1 3LG

01472 565052 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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