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Newsagents, Cumberland

£239,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Commercial property for sale

Key features

  • Valuable freehold property
  • Almost £90,000 in net profits
  • First time to market in 40 years
  • Two bedroom accommodation

Description

HIGH TURNOVER FREEHOLD SHOP WITH TWO BED FLAT in Cleator Moor for Sale.

First time on the market in almost 40 years, this very busy Cumbrian card and news shop boasts tremendous takings of circa £12,000 per week including VAT and is offered freehold with a two-bedroom self-contained flat.

Located in Cleator Moor, an industrial town four miles from the Cumbrian coast near Whitehaven.

Shop takings have increased substantially recently as local town planners built public parking and Park and Ride directly across from the shop. This has future-proofed the continued success and growth of the business for the foreseeable future. Albeit a small shop, it punches well above its weight with outstanding annual turnover and enviable net profits.

As well as greeting cards the shop offers lottery, parcel services, PayZone, PayPoint, tobacco and vapes. Incredibly, pie sales alone account for approximately a £1,000 in profit per week.

Single fronted, mid-parade property over ground, first and second floors. The shop occupies the ground floor with card displays, some convenience goods, upright food and beverage chillers, an automatic coffee servery, magazine rack and pay counter with ATM cash machine.

Living accommodation over first and second floors comprises a lounge, kitchen, two double bedrooms and a house bathroom.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591690. 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 Ernest Wilson & Co Limited, EW Leeds. 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.