The Promenades Shopping Centre, Bridlington, East Riding of Yorkshire, YO15
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Prime Retail Location
- Strong Weekly Turnover
- Established Since 2003
- Daytime Trading Hours
- Expansion Potential Available
- Leasehold
- Turnkey Business Opportunity
Description
NEWS AND GENERAL STORE in Bridlington for Sale
An exceptional opportunity to acquire this long-established and well-regarded Newsagents and Convenience Store, ideally situated in a thriving and densely populated district of Bridlington. The business occupies a prominent trading position, within the towns shopping centre within easy reach of local amenities, ensuring a steady stream of potential customers.
Established in 2003, the business has been successfully operated by our clients for just over 22 years who are now looking to retire.
Weekly turnover £13,000 to £15,000 It currently trades over seven days with manageable daytime hours and no late evening openings, presenting a fantastic opportunity for new owners to expand operations. There is significant scope to introduce an alcohol licence, extend opening hours into the evening, and diversify the product range to further increase revenue and profitability. They currently have a licence to sell National Lottery.
This is a rare opportunity to acquire a solid, income-generating business with both commercial and residential elements, and with clear potential for growth under new ownership. The premises are available on either a leasehold or freehold basis, offering flexibility to suit the buyer’s investment strategy.
The shop features a spacious, walk-round sales area with a well-positioned counter, designed for efficient customer service and product display. The lower ground floor includes a generous storage room and a WC, providing ample space for stock management and staff facilities.
A new 10 year lease can be offered to the ingoing owner which is currently costing £22,000 Per Annum and an additional £1052 service charge to the shopping centre.
Stock Value Approx : £48,000 Full Inventory available but for obvious reasons is subject to change.
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Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Promenades Shopping Centre, Bridlington, East Riding of Yorkshire, YO15
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Visit our security centre to find out moreDisclaimer - Property reference BRI250223. 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 Harris-Shields Collection, Bridlington. 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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