NEWSAGENT in North Lincolnshire for Sale.
A well-established village stores with substantial accommodation and optional investment properties. Situated on the high street of this quaint village, this is an ideal lifestyle business opportunity with a well-established store and substantial accommodation with the potential addition of two investment properties adjoined to the property. We understand that there is a demand and potential to convert part of the accommodation into a tearoom / coffee shop to further grow the business (subject to any necessary consents). The business is a village store, newsagent, off licence with Lottery that has been successfully operated by our clients for 20 years and are now planning to retire. It is run in easy hours with no competition locally. Weekly turnover £11,000 to £12,000.
The premises are approximately 113 sq m (1,216 sq ft) of floor space and comprises of the main retail area with fully fitted shelving with refrigeration and freezer units, two storage rooms with the main stock room to the front and with smaller additional room to the rear. The accommodation is very spacious and on the ground floor comprises of a kitchen / diner, utility room, lounge and dining room and a further sitting room. Upstairs there are four large double bedrooms and a recently refitted bathroom. Outside there is a substantial garden which is accessed from the side of the property and has driveway and garage as well as patio seating areas, lawns and mature shrubs and flower beds. We understand that there is space for an additional dwelling on the rear garden, subject to planning.
The property also incorporates investment properties comprising of two two-bedroom flats which are currently let out, returning £475 and £435 per calendar month and are available for an additional £160,000.
Stock £20,000.
EPC Band C.
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