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Card & Candy Corner, 81 Westborough, Scarborough, YO11 1JW

£90,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

High street retail property for sale

Key features

  • Average Weekly Turnover c.£11,500
  • Turnover of £598,000 for Y/E 31.03.2022
  • Average Gross Profit £108,000 for 2021/2022
  • Town centre site in coastal Holiday Resort
  • Same family ownership for over 19 years
  • Annual Rent £12,000. Energy Rating E
  • Christie & Co Ref: 6411064

Description

Description

Well established ground floor retail store with good footfall from the town centre and nearby train station. The business is run by the family, with the assistance of part-time staff, who are now seeking to retire.

Location

The business is located in the centre of Scarborough, 200 yards from the train station allowing you to be in York within an hour. The beach is also only a 15 minute walk.

Surrounded by high street and independent shops, taxi rank, bus stops and the Stephen Joseph Theatre generating a high number of passing trade.

Internal Details

Large newspaper and magazine display to one wall, National Lottery stand, one central gondola aisle, shelving for confectionery and a small selection of convenience products, an upright dairy chiller and upright chiller for alcohol. Sales counter with two-lane EPOS cash registers with wall-mounted shelving behind for the display of spirits and cigarettes as well as a tobacco gantry. To the rear is an office, staff toilet and small kitchenette. There is a suspended ceiling and CCTV system.

Fixtures & Fittings

All fixtures and fittings are included in the sale apart from any items personal to our clients.

Ancillary Areas

Small stock area and a passageway leading to storage space.

The Opportunity

Our clients purchased the business through Christie & Co c.17 years ago and are now looking to sell in order to retire. This is a successful and busy confectionery, tobacconist and newsagents. The store benefits from an off-licence, National Lottery and PayPoint.

The business would suit another family operator or a company looking to increase its store numbers.

Staff

The store is run by the family, with the assistance of two part-time members of staff.

Trading Information

Sales year ending 31.03.2022 - £598,132 excluding VAT, average weekly turnover of c.£11,500. Actual gross profit of £108,227 with an adjusted net profit of c.£32,000

Trading Hours

Monday to Friday
6.30am – 6.00pm

Saturday
7.00am – 6.00pm

Sunday
8:30am – 4.00pm

Tenure

The store is currently held on a seven year lease which commenced from March 2017, at annual rent of £12,000.

Business Rates

The Rateable Value as of 1 April 2023 is £6,600. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises licence.
The appointment of the National Lottery is at the sole discretion of Camelot Plc.

Energy Performance Certificates

EPC 1

Brochures

Card & Candy Corner, 81 Westborough, Scarborough, YO11 1JW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scarborough Station0.1 miles
  • Seamer Station2.9 miles
  • Filey Station6.7 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 6411064-lh. 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 Christie & Co, Retail. 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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