Freehold Newsagents Located In Helston

Freehold Newsagents & Convenience Store Located In Helston
Established Business
Retirement Sale
Ref: 2150

Asking Price £199,950 plus SAV £2,000

Location
This freehold newsagent & convenience store is located in the Cornish town of Helston, Cornwall. Situated on Coinage Hall Street near the town centre, offering residents convenient access to shops, schools, parks, and other amenities. Helston's historic architecture and charm can be seen in buildings around the area. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A roads, with the A394 being within easy driving distance of the property, which links to the national A road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) southwest of Falmouth.

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Newsagents which is located in the Cornish town of Helston. The business has been established for over 60 years and has been in the careful hands of my client for the past 18 years and is reluctantly being offered for sale so that they can enjoy a well-deserved retirement. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and are included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of 2 part time members of staff and has an annual turnover of £127,818 net of VAT. JJ News retails a range of products such as newspapers, magazines, confectionery, ice creams, cold drinks, greeting cards, gifts, tobacco, loose tobacco, pipes, e cigarettes, vape products and stationery. They currently do not deliver newspapers, but this is something that could be introduced again. We believe that there is further potential to increase trade by offering additional services, maybe adding an off-license and extending upon the current opening hours. There are a number of new housing developments being built within the area which would give potential to increase the newspaper delivery rounds and bring increased levels of footfall to the area. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday – Saturday – 06:30 – 17:30
Sunday – 06.30 – 13:00

Business rates: zero

Ground Floor
Retail area (9.9m x 2.4m) comprising: sales counter, electronic cash registers (IBM), drinks fridge (Interlevin), cigarette cabinet newspaper stands, greetings card displays, various shelving, CCTV monitor (Tecknika), scales and wall mirror.
Second retail area (3.1m x 2.7m) comprising: various shelving, built in glass cabinets, sales counter, humidor and antique tobacco scales (Avery),
Office with desk, 2 chairs, computer, various shelves and filing cabinet.
Storeroom (3.8m x 1.8m) with various shelving.

External
Walled garden with 2 sheds

Owners Accommodation
Ground floor
Kitchen (1.8m x 2.7m)
Conservatory ( 4.7m x 1.9m)
Utility

First floor
Bedroom 1: (3.1m x 2.2m) single
Bedroom 2: (3.0m x 3.6m) double
Bedroom 3: (3.6m x 2.8m) double
Bedroom 4: (3.6m x 3.5m) double
Lounge/diner (6.7m x 3.3m)
Family bathroom (3.2m x 1.9m)

EPC Rating C