Business for Sale in Worlingham, Suffolk NEWSAGENTS - WORLINGHAM (NEAR BECCLES), SUFFOLK

Leasehold Price £75,000

Key Information

Reference
T35099E
Tenure
Leasehold
Status
For Sale
Region
Suffolk
Sector
Newsagents
Rent Payable
£8,799.96 per annum. The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the existing lease or the grant of a new lease.
Business Rates
Nil. We are advised that the business qualifies for Small Business Rate Relief. This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Accommodation
4 Bedroom Maisonette Included

Business Information

  • Long Established Business
  • 4 Bedroom Maisonette Included
  • Enclosed Garden & Double Garage
  • Private Parking
  • Busy Location - Lots of Chimney Pots
  • Predominantly Staff Led
  • Currently Opening Only Until 1:30pm
  • Lots of Customer Parking to Front
  • Rent of £733.33 PCM Including Accommodation
  • Call to Arrange a Viewing

PARTICULARS

We are pleased to present this well established and busy newsagents based in the village of Worlingham which adjoins the large popular town of Beccles located to the north eastern tip of the county of Suffolk.

As well as the profitable business, also included is an independently accessed 4 bedroom residential maisonette which when taken into account means the rent payable for the property as a whole is very favourable.

Given that the business is predominantly staff led and only opens until 1:30pm there is a very good level of profit being achieved which could potentially be significantly increased in the hands of a full time owner operator who wishes to remain open in the afternoons and on-wards.

THE BUSINESS ITSELF

The business has been successfully ran by the vendor for the past 14 years and for many years prior to that in different ownership. It continues to generate a good level of profit and is only now coming onto the market due to the vendors pending retirement.

Operating as a traditional newsagents with a strong, well supported, newspaper delivery service and offering a selection of other items for sale in the shop such as cards, gifts, tobacco, confectionery and soft drinks.

The vendor currently oversees the newspaper deliveries taking in the wholesalers morning delivery and making up the rounds ready for collection and delivery. The shop though is run by staff with limited input on that side of the business by the vendor.

PREMISES

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

Whilst the retail shop is of a modest size it is well positioned at the end of a terrace of commercial properties in the heart of a residential area and with the benefit of plenty of customer parking to the front.

There is the potential to extend the shop into the lounge of the residential property subject to any consents that may be required if so wished. The vendor also makes good use of the attached double garage to prepare the newspaper rounds.

The shop measures 5.46m wide by 3.5m deep with a full height and width glazed frontage providing plenty of natural light. Display shelving and stands are fitted to the end and both sides with a drinks fridge in one corner and a freestanding greetings card display to the centre. The service counter with till and tobacco display behind can be found to the other end.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The residential property is of a good size and has many benefits including the well fitted kitchen, an enclosed garden to the rear, UPVC windows, doors and guttering as well as a double garage and good size shed. In addition it has it’s own front door, an internal door to the garage, back door to garden, downstairs lounge, cloakroom and small stockroom. Finally upstairs there are two double bedrooms, two singles, a bathroom with bath and power shower over, and an airing cupboard.

FURTHER INFORMATION

REFERENCE NUMBER

T35099E.

OPENING HOURS

6:00am to 1:30pm Monday to Saturday and 6:00am to 12:00pm Sunday.

TENURE

Leasehold for a term of 6 years running from 1st April 2018.

RENT PAYABLE

£8,799.96 per annum.

Purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or grant of new lease.

RATES PAYABLE

Nil. We are advised that the business qualifies for Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC

Full Energy Performance Certificate available on request.

PRICE

£75,000.

For the benefit of the goodwill, fixtures, fittings & equipment. Stock is payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING

Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE

Finance may be available to suitable purchasers.

BUSINESS TO SELL?

Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING

We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?

Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Please register with us for free to view the complete business particulars.
Already registered? Just login!

Once registered, you can login to view the full details for all businesses, download details, create business alerts and much more

Existing Customer Login

Register with us today

Account Details

Personal Details

Your Address


Preferences


Other Services


Your Business


Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms and Conditions and our Privacy Policy

To proceed you must accept our Terms and Conditions:

Get in Touch

Complete the form below and we will contact you as soon as possible

Your Address

Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms and Conditions and our Privacy Policy

To proceed you must accept our Terms and Conditions:


East Anglia

Your Regional Director Chris Ruggles

EM&F East Anglia

116 - 118 Prince of Wales Road
Norwich
Norfolk
NR1 1NS