Property description

Newsagent Business For Sale in Haltwhistle. Well Established business in the centre of this busy market town. The business occupies a ground floor retail unit and benefits from passing and regular trade. Asking Price £99,950. Please contact 01434 632187 for further details.

Location
Haltwhistle is widely considered to be the geographic centre of Britain. This and it's association with Hadrian's Wall ensures a good flow of tourists throughout the year. Haltwhistle is on the A69 which is the main Newcastle to Carlisle road. Hexham is only 15.5 miles to the East whilst Carlisle is around 22 miles west and Newcastle approximately 33 miles to the east.Car parking throughout the town is free of charge.

The Property
M.A.G.S occupies a double width ground floor retail unit which has a recessed entrance to the front. The majority of the premises is retail space although there is a store room and w.c to the rear.

The Business
This is a very well established, busy newsagents business. The shop retails a variety of Newsapaers and magazines, greetings cards, sweets & confectionery, soft drinks, toys, crisps some chilled foods and tobacco products.There is ample potential to increase sales by making more constructive use of the space within the shop and introducing new services such as PayPoint and the National Lottery (by application). There is currently no premises licence for the sale of alcohol.Newspapers and magazines are sold over the counter, however, there are also 6 morning rounds including sundays.The wholesale weekly newsbill is in the region of £1500-£2000.

Opening Hours
The business operates the following opening hours:Mon-Sat 5:00am - 5:00pmThurs 5:00am - 5:30pmSunday 5:00am -12:00pm

Staff
The business is owned and mainly run by our husband and wife clients with the assistance of 2 part-time members of staff.

Tenure
We understand that the premises is held by way of a Long Lease.

Rateable Value
The 2010 rateable value as shown on www.voa.gov.uk is TBC. The current multiplier is 43.3p in each £. Check with the local authority to see if there are any discounts or reliefs available to you.

Viewing
All viewings by prior arrangement with Roberts Commercial. On no account attempt to view without an appointment. Call 0191 291 2000

Property Features :

• Established Newsagent Business
• Low Levels of Competiton
• Prominent Double Display Window
• Wholesale Newsbill upto £2,000
• Positive Profit & Loss Situation