Property description

Leasehold lock-up newsagents situated in excellent trading location for sale due to retirement. This is a unique opportunity to acquire a lock-up leasehold business situated close to Skegness town centre. The property has a high level of turnover and profitability and a long established reputation with a good regular customer base, there is also the benefit of passing trade and would be an ideal opportunity for a husband and wife partnership.

Sales Shop - 12‘ 3‘‘ x 23‘ 6‘‘ (3.73m x 7.16m)
Having a single fronted public entrance onto Roman Bank and having a range of modern fixed and freestanding display furniture and shelving in addition to the refrigerated display units.

Store Room - 11‘ 2‘‘ x 4‘ 8‘‘ (3.40m x 1.42m)
Having fitted shelves, wash hand basin with water heater.

Separate Toilet
having low level wc suite.

Tenure:
The property is Leasehold. We understand that the property is held on a new 12 year lease from 2015 with a break clause after 6 years.

Rent:
£6,000 per annum.

Business Rates:
We are advised that the rateable value is £3,750 under the 2010 assessment. Interested parties are advised to confirm this with the local authority. Rateable values can change and the rates payable can vary due to changes in transitional relief.

Opening Hours:
5:30 am to 7 pm Monday to Friday 5:30 am to 6 pm Saturday & Sunday

Accounts:
Audited accounts will be made available to genuinely interested parties following a viewing of the property. We are advised that the turnover for 2015 was in excess of £650,000.

Viewing:
Strictly by appointment only through the agents Skegness office: 01754 896100.

Price:
£49,950 plus Stock at valuation.

Property Features :

• Leasehold Lock-up Newsagents
• For Sale due to retirement
• Excellent Trading Location
• Excellent Opportunity
• EPC Rating: D77