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Convenience Store for sale

Brecks Lane, Doncaster, South Yorkshire, DN3

Sold STC £107,700
54 sq. m.

Property Description

Commercial information

  • Business for sale
  • 581 sq ft (54 sq m)

Key features

  • REF: 13730 F

Full description

Tenure: Leasehold

Hilton Smythe is delighted to welcome to the market C & N News. The business was originally established in the 1960's but taken over by our client in 2006.

Our client is now looking to sell the business due to other business Interests. The owner has run the store as a newsagents selling newspapers, magazines, lottery, cigarettes, confectionery, greetings cards, gift bags, wrap, helium balloons, party products, stationery and household items.

We are advised the current turnover for the business is an advised 729,000 per annum. Ways to increase turnover could be to expand the range of greetings cards and party products available. There is also potential to increase floor space further back into the shop.

The vendor has recently taken on a parcels logistics service providing an extra 6,000 per annum payed in commission, this is in addition to the figures declared in the financial profile.

The newspaper delivery includes 10 delivery rounds, 3 of which are delivered to the next village, 1 mile away.

This is a well-established store that benefits from being in the heart of a village community and very near industrial estate. Our client would also be willing to offer a hand over period whilst the buyer settles in. Hilton Smythe highly advise early viewing to avoid disappointment.

C & N Newsagents is located 4 miles from Doncaster town centre in Kirk Sandall.

This is a heavily populated location with a range of independent businesses including a pharmacy, salon and cafe. The business boasts a main road location from which the store receives much of its trade.

This area has great road connections and a generous infrastructure. Doncaster town centre is approximately 15 minutes away following the road on which the business is located. There is a bus stop just 1 minute up the road from the property.

The business is situated in a great location in the heart of a village, with nearby industrial estate. The shop has a large customer base from the local village and nearby villages as well as staff from local businesses.

The business is situated in a middle-terraced property. The front of the store is well signed and looks traditional. Inside the store is the main retail area, this is open plan with perimeter shelving and also central shelving.

Equipment includes-
Two door glass fronted chiller
2 Tills
Cigarette gantry
Magazine and newspaper racks
Change 8 x 4ft Card display stands
Sweet Stands

The bathroom includes a toilet and a wash basin.
The kitchen area includes a sink.

The sale price includes the computer used for the news rounds.
We are advised the shop is alarmed and has a CCTV operating system with 8 cameras.

There is a large stock/storage room, this is complete with shelving.

We are advised the business is a Leasehold business opportunity.
Lease information to be supplied.

The business is open-
Monday - Saturday: 5am - 6pm
Sunday: 5am - 12pm

The business is run and managed by 6-part time staff and 12 paper delivery persons.

The business generates a turnover in the region of 729,000 per annum.
Lottery- 264,000 per annum
News sheets, magazines and milk- 179,000 per annum
Greetings cards, helium balloons and party goods- 44,000 per annum
Confectionery- 44,000 per annum
Cigarettes- 167,000 per annum
Payzone sales- 21,000 per annum

Map & Street View

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