Card & Candy Corner, 81 Westborough, Scarborough, YO11 1JW
- SIZE
Ask agent
- 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
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.
LocationThe 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.
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 & FittingsAll fixtures and fittings are included in the sale apart from any items personal to our clients.
Ancillary AreasSmall stock area and a passageway leading to storage space.
The OpportunityOur 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.
The store is run by the family, with the assistance of two part-time members of staff.
Trading InformationSales 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 HoursMonday to Friday
6.30am – 6.00pm
Saturday
7.00am – 6.00pm
Sunday
8:30am – 4.00pm
The store is currently held on a seven year lease which commenced from March 2017, at annual rent of £12,000.
Business RatesThe Rateable Value as of 1 April 2023 is £6,600. Confirmation of actual rates payable can be obtained from the local Authority.
RegulatoryPremises licence.
The appointment of the National Lottery is at the sole discretion of Camelot Plc.
Energy Performance Certificates
EPC 1Brochures
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
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Notes
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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