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Towlers, Market Place, Easingwold, York, YO61 3AD

£600,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

Ask agent

SECTOR

Shop for sale

Key features

  • Rarely available freehold newsagents
  • Average weekly t/over c.£15,627 + Lottery
  • £248,022k gross profit, margin 27.63%
  • Desirable market town location, ran by staff
  • Offices above can also be a 3 bed apartment
  • Additional rental income from situ tenant. Energy Rating TBC
  • Christie & Co Ref: 5417050

Description

Description

An extremely rare opportunity for a purchaser to acquire this fantastic high turnover newsagents located in the heart of the desirable market town of Easingwold, North Yorkshire. This well-established family run shop has been under our client’s family ownership for around 60 years and boasts spacious and well-presented retail space.

The first floor was previously a three bedroomed apartment which has been used as offices and storerooms of late but could be returned with redevelopment. There is further retail space let out to a hairdresser paying a yearly rent of £6,240. This opportunity is likely to attract high levels of interest so we would recommend initial parties to get in touch as soon as possible.

Location

Easingwold is a picturesque market town located in North Yorkshire, approximately 12 miles north of the historic city of York and boasts a serene and idyllic setting, making it an attractive location for both residents and visitors.

The town is known for its vibrant community and bustling market square, which is surrounded by a variety of independent shops, cafes, and eateries. The local amenities and friendly atmosphere make Easingwold a delightful place to live and work. Easingwold boasts a strong sense of community, with local events and activities that bring residents together, creating a supportive environment ideal for businesses looking to build lasting relationships with customers.

Situated close to major transport links, including the A19 and A1(M), Easingwold offers easy access to nearby towns and cities, making it convenient for both suppliers and customers. The town's proximity to popular tourist attractions such as the White Horse at Kilburn and the historic city of York means there is a steady flow of visitors, providing businesses with ample opportunities to attract new customers. With beautiful countryside surroundings and a range of outdoor activities, making it an appealing location for those looking to escape the hustle and bustle of city life.

With the town's ongoing development and increasing popularity, there are numerous opportunities for businesses to expand and thrive.

Internal Details

The internal layout is split level and offers a range of display stands for stationery, newspapers, magazines, books, maps, greeting cards and confectionery. As you enter the store there is a sales counter to the left with cash register with tobacco gantry behind, a national Lottery stand terminal and a drinks chiller.

Steps lead down to a further spacious retail space having perimeter shelving and a central display stands for toys and jigsaws. Ancillary areas include; staff toilets, a kitchenette and a storeroom.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Agents note

The Yorkshire Jigsaw company will continue to trade online and is not part of this sale. The seller has not put a restriction on the sale of jigsaws from the property, only the name may not be used.

External Details

Externally, the property benefits from a yard area to the rear and wonderful views over the village green to the front.

Owner's Accommodation

Above the store, accessed via a private entrance door, lies a three-bedroom apartment with the potential to be rented out, generating additional income. Currently, the apartment is used as an office and storage, full refurbishment is required before it can be occupied.

The Opportunity

An exceptional opportunity awaits a prospective buyer to acquire this high performing newsagent located in the picturesque market town of Easingwold, North Yorkshire, approximately 12 miles north of York. This well-established store offers an ideal lifestyle change for a new operator, combining the tranquillity of village life with the potential for a thriving business.

Running this business as a full-time owner-operator offers significant cost savings and the enjoyment of a pleasant market town lifestyle. The store's inviting atmosphere and prime location make it a central hub for the local community. Currently, the business does not sell off-licence or convenience foods, and closes at 5pm, presenting a valuable opportunity to expand the product range, opening hours and increase profitability.

Don't miss out on this superb and rare opportunity to make your mark in Easingwold and enjoy the benefits of market town living.

Staff

The shop is fully staff run and a staff schedule can be provided upon request

Trading Information

Turnover to year ended 31 March 2024 is £ 817,084.26 excluding VAT, producing excellent gross profit of £248,022 plus commissions from Lottery at £4778.14.

Trading Hours

Monday to Friday: 07:00am -17:00pm (06:00am for papers)
Saturday: 07:00am - 17:00pm
Sunday: 07:00am - 13:00pm

Tenure

The property is available for Freehold. A hairdresser rents part of the building on an annual lease of £6,240 per annum

Business Rates

The current rateable value is £18,250 as of 1 April 2024. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

The appointment of the National Lottery is at the sole discretion of Allwyn Plc.

Energy Performance Certificates

EPC 1

Brochures

Towlers, Market Place, Easingwold, York, YO61 3AD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hammerton Station9.5 miles

About Christie & Co, Retail

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

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 discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5417050-fh. 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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