This prominent unit occupies a position on the corner of Newlands Road and Central Avenue with the retail unit occupying the ground floor only of a three storey terraced property.
A glazed entrance is located on the corner and opens out into a good sized unit with a T shaped aisle gondola centrally positioned and a selection of shelving, chiller cabinets and newspaper and magazine displays around the perimeter. The sales counter incorporates a refrigerated chill cabinet with a good selection of products behind. There is a large storeroom just off, along with a staff kitchen, w/c and office area.
Our client has owned and operated this unit for 20 years during which time it has become a popular and well used shop in the area. Originally trading predominantly as a newsagency business the shop has developed over the years with the addition of a good range of groceries. The shop is well fitted throughout with tiled floor and suspended ceiling, therefore you would not expect much capital expenditure to be required after the purpose should the buyer continue to operate the business in the same manner.
Our client has chosen not to offer a PayPoint facility or accept credit cards and the shop closes at 6.00pm apart from a Thursday, Friday and Saturday when it stays open until 8.00pm. There is undoubtedly potential to extend these hours and look to offer further services.
Net turnover £503,656 to 31/03/19 with good profits.
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