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Newsagents Confectionery Lottery Freehold Living Accommodation Morecambe Lancashire For Sale

Morecambe, Lancashire
Freehold Price:
£225,000
Status
FOR SALE
Advert ID
217847
Reference
1155 / Rightbiz

AJF Commercial are delighted to offer for sale this Freehold Newsagents and traditional old fashioned sweet shop, with first floor living accommodation located in the ever-popular seaside tourist resort of Morecambe, Lancashire.

 

The business is ideally situated in a busy residential and commercial catchment area on a busy corner promenade position near to the world famous Eric Morecambe Statue, which brings many visitors to the area and trade to the business.

 

With many fishing bays, the newly renovated Happy Mount Park, complimentary cafes, restaurants, bars and high street shops, Morecambe sees many visitors throughout the year and the Newsagents is within walking distance of all amenities within Morecambe.  

Serviced by many A roads, and just a short minute drive away from the M6 motorway and the Lake District, Morecambe is extremely popular with visitors.

 

The Eden Project has unveiled a vision for Eden Project North, a major new attraction in Morecambe, Lancashire, with the city council looking to invest £250,000.

 

The business has been established as a Newsagent since 1903 and is certainly well known in Morecambe. The business trades throughout the season, selling a good range of newspapers, magazines, traditional sweets, toys, games, soft drinks, confectionary, cigarettes, cards, gifts, wrapping paper, postcards, lottery and scratch cards. 

 

Our client has personally and passionately run the business for many years building up a fantastic reputation over this time with visitors and local residents. 

It is only through the owners wish to focus on other interests that the business has become available to the market.

 

 

Premises:

 

Large corner building with good frontal signage over 2 floors with ground floor double fronted retail premises and 2 bedroom living accommodation to the first floor.

The premises are protected by CCTV monitors and roller shutter doors and the business is surrounded by a large range of hotels, guest houses, complimentary businesses, shops and residential housing.

 

There is ample free car parking to the front of the business and on the promenade.
 

 

Ground Floor:
 

Large double fronted lock up premises with entrance door leading to a substantial open plan retail shop.

 

Throughout the premises there are central isles and shelving to walls which are well stocked with a huge range of newspapers, magazines, confectionery, greetings cards, toys, gifts, wrapping paper and the ever popular pick and mix sweets.

 

Double upright chiller with a good range of soft drinks.

 

To the rear of the shop, customers will find a large display of old fashioned traditional sweets in jars, supplying customers with a substantial choice and variety.

Our client has also introduced a good selection of these sweets with the benefit of no added sugar, which is proved to be extremely successful with customers, being a stockist of one of the worlds largest selection.

 

To the side is a large serving counter with till, card machine, pay point, pay zone, mobile top up service, lottery machine and scratch cards.

To the rear of the serving counter is the cigarette kiosk with a good range of cigarettes and cigars and a nice variety of e-liquids and accessories.

 

Stairs leading to first floor accommodation with lounge, kitchen, bathroom and 2 x double bedrooms.

Currently being used as storage by our client, this could easily be transformed.
 

The business is open 7 days a week.

 

Annual Turnover - £445,000 with a healthy gross profit.
 

We are advised that the tenure is Freehold.
 

We are advised the current business is exempt from Business Rates.

 

This is a remarkable opportunity for those wanting a change of lifestyle career in a busy seaside resort. The passion, commitment and service our client has provided over the years is rewarded by the numerous return visitors, regular custom and repeat loyal trade in an excellent catchment area. 

 

AJF Commercial strongly recommend viewing early as this business is not one to be missed.

Listing Details
Freehold Price: £225,000
Tenure: Freehold
Location: Morecambe, Lancashire
Sector: Newsagents, Magazine Businesses, Sweet Shops
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Advert Reference: 1155 / Rightbiz
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