Shop for sale

Hewson's Newsagents, Market Place Leyburn, North Yorkshire, DL8 5AW

£130,000

Property Description

Commercial information

  • Business for sale

Key features

  • Average T/O c. 12,000 per week + Lottery
  • Average Lottery commissions c. 7,500
  • Traditional newsagents & confectioners
  • Scope to expand product lines & extend hours
  • Popular, busy Yorkshire Dales location
  • Energy Rating E

Full description

Tenure: Leasehold

Description

A very well established newsagents, book shop, confectioners, tobacconist and greeting cards business, forming the ground floor of a three storey end of terrace property.

We feel the business would suit a family looking for a lifestyle change.

Location

The store is situated in the Market Place of the very popular Yorkshire Dales town of Leyburn, surrounded by a mix of independent and corporate businesses. The store is busy all year round with a mixture of tourists and local residents.

Internal Details

The retail area was subject to a refit in 2015. Our clients have invested circa £10,000 on a new computerised till system and further capital expenditure by installing a new CCTV system in 2018.

A range of display stands for stationery, newspapers, magazines, books, maps, postcards and confectionery. National Lottery stand terminal, sales counter with cash register and tobacco gantry behind and ice cream freezer.

Ancillary areas include; staff toilets and first floor store room.

Tenure Details

The business is held on a 20 year lease which commenced in 2018 with an initial annual rent of £17,000, subject to reviews.

The Opportunity

Our clients run another business in a nearby town and would like to concentrate solely on this other store. This presents an excellent opportunity for a full time owner operator to make cost savings and enjoy this pleasant village lifestyle. Please note that there are no off licence or convenience foods sold from the business and therefore there are further opportunities to develop sales and increase profitability.

Staff

Our clients work part time in the store with the help of seven members of staff, of which one is a manager. All the remaining staff are part time.

Trading Hours

The business operates:
Monday to Saturday 5.30am to 5.30pm
Sunday 6.00am to 1.00pm

There is scope to extend the opening hours.


More information from this agent

Nearest station

  • Leyburn (0.3 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest station

  • Leyburn (0.3 mi)
Distances are straight line measurements from centre of postcode

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