Reference - 44718
This is a rare and exciting opportunity to purchase an impressive traditional newsagents, located in the desirable East Yorkshire town of Snaith, which lies approximately 6 miles West of Goole.
The Paper Shop occupies a prime trading position on the main high street at the very heart of the bustling town, amongst a selection of local businesses with ample parking facilities and is surrounded by quality residential housing. As you would expect, the area is a hive of activity throughout the day, attracting high levels of regular local and passing trade.
Having been in present ownership since the 1990’s, this well known and heavily relied upon business has forged strong relationships with the local community and therefore boasts an extensive and loyal customer base.
The Paper Shop operates from a highly visible and imposing double fronted grade II listed property, providing a versatile ground floor lock up business accommodation with a delightful family living accommodation.
The retail space is neatly fitted with a good range of fixtures and fitments, creating a bright and welcoming environment.
The business retails a range of newspaper and magazine titles, greetings cards, stationery, confectionery, tobacco products and soft drinks.
The Paper Shop is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for a family unit who have the opportunity to possibly introduce an off licence, convenience lines and an atm.
These additions would naturally increase the already impressive trading figures, whilst ultimately enhancing the overall profitability.
This first class business opportunity is only now being offered for sale due to semi-retirement and a viewing is highly recommended to avoid disappointment.
Sales
Currently shop sales average £5,100 approximately.
News Sheet – £2,000 (retail)
Available accounts are to year end 30th April and are summarised below:
2015 - Sales £318,238 gp £85,152
2014 - Sales £336,659 gp £87,860
Monday – Friday 05:00 – 17:30
Saturday 05:00 – 16:00
Sunday 05:00 – 11:30
The business is managed by the owners with 2 part time members of staff.
Building External
The highly visible and imposing grade II listed double fronted property has been carefully updated and modernised, offering an excellent blend of ground floor retail space with a spacious and versatile family accommodation.
The sales area is light and airy with a range of good quality fixtures and fittings, creating a welcoming environment. There is the benefit of a small office area and a storage area.
The spacious living accommodation is tastefully presented throughout and would ideally suit a growing family. The accommodation briefly comprises of:
Ground Floor
Living Room - An inviting and comfortable reception room, with a feature fireplace and French windows leading out onto the rear patio area.
Dining Area – A spacious and versatile reception area with an archway leading to the main living room.
Fitted Breakfast Kitchen – A range of quality wall and base units with complimentary worksurfaces, a built in double oven, an extractor, a gas hob, a stainless steel sink unit and plumbing for an automatic washing machine.
There is also a cloak room/ WC.
First Floor
Double Bedroom 1– A spacious room with a range of fitted wardrobes.
Double Bedroom 2 – A generous double room.
Double Bedroom 3 – A spacious and versatile bedroom.
Single Bedroom – A good size room with a range of quality fitted wardrobes.
Family Bathroom – A modern four piece white suite comprising of a wash hand basin, a panelled bath with a shower attachment, shower cubicles, a low level W.C and part tiled elevations.
Externally
A pleasant patio area, a lawned garden, off road parking for several vehicles and a twin detached garage.
We are advised that the property is freehold.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
This is an excellent opportunity to purchase a thriving business with a spacious family home, positioned in a sought after area. Only now being offered for sale due to semi-retirement, a viewing is highly recommended to avoid disappointment.