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Freehold Newsagents and Post Office plus Flat Carlisle Cumbria

Carlisle, Cumbria
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Freehold Newsagents and Post Office plus Flat Carlisle CumbriaFreehold Newsagents and Post Office plus Flat Carlisle CumbriaFreehold Newsagents and Post Office plus Flat Carlisle CumbriaFreehold Newsagents and Post Office plus Flat Carlisle CumbriaFreehold Newsagents and Post Office plus Flat Carlisle CumbriaFreehold Newsagents and Post Office plus Flat Carlisle Cumbria
  • Status

    FOR SALE

  • Date Submitted:

    21/03/22

  • Advert ID

    292431

  • Freehold: Price on Application
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

CONTACT THE AGENT FOR MORE INFORMATION

LOCATION

Ruddicks Newsagents & Post Office is located on Wood Street, in the Botcherby suburb of Carlisle, less than a minutes walk from Warwick Road, one of the main arterial routes into Carlisle City Centre.

Carlisle is just over a mile away to the east and has a great to deal to offer, including historic attractions and a vibrant pedestrianised centre with shops, bars, art gallery and a cinema. Carlisle Train Station, on the West Coast Main Line, provides travel time to London in around three and a half hours. Carlisle has a residential population of 75,000 and an estimated catchment population of 235,000. As well as being the dominant shopping location, it is also the administrative centre in Cumbria and the Borders.

Located just 10 miles south of the Scottish border, the nearby M74/A74 offers a direct route north with the M6 motorway to the south giving excellent transport links to the rest of England. Newcastle (56 miles to the east), Glasgow (90 miles north west), Edinburgh (93 miles to the north) and York (120 miles to the south east) are all readily accessible via the main road links.

Botcherby itself has plentiful local amenities including a range of independent retail businesses and a large residential catchment with a wide and varied selection of housing.

DESCRIPTION

1A and 1B Wood Street is an attractive corner premises, constructed over two levels with the business trading from the ground floor and good sized living accommodation to the first floor. The frontage is whitewashed and has display panels, eye catching signage to the front and roller shutter doors on the front window and door.

Retail Element

Internally the shop is laid out in traditional style with the main Post Office counter located towards the rear of the property offering one service counter. There is a centrally positioned double sided aisle gondola offering a range of groceries. The interior walls house various products on offer from newspapers and magazines, stationery, confectionery and other grocery products.

Towards the rear of the premises on the ground floor are storage facilities, staff office and staff WC.

First Floor Flat

The first floor living accommodation is accessed via an external staircase via a shared access to the rear of the property and comprises of an entrance leading to the kitchen / lounge area, two bedrooms and bathroom. The flat is in excellent condition and could be used immediately for living accommodation.

ACCOMMODATION

The retail element of 1A Wood Street provides an approximate net internal floor area as follows:

Ground Floor Shop 61.24 sq m (659 sq ft)

Ground Floor Ancillary 12.71 sq m (137 sq ft)

Total Approximate Net Internal Area 73.95 sq m (796 sq ft

The first floor residential flat provides a gross internal area as follows:

First Floor Flat 49.07 sq m (528.25 sq ft)

THE BUSINESS

An opportunity to purchase this family run newsagents, local store and Post Office, due to the planned retirement of one of the Directors. The current family have owned the business for 15 years and the retiring Director worked in the shop for the 20 years prior to owning it. They have built up a wonderful reputation for both friendly service and looking after the needs of the many customers who use the business.

As a Local Post Office the business offers all expected services such as letters, parcels and bill payments, which generates excellent footfall benefitting the newsagency side of the business along with the full range of groceries, newspapers, cigarettes and alcohol.

The Post Office has recently been converted into the new open counter version with the till area of the shop and Post Office having recently been refurbished.

The first floor flat is in excellent condition and is ready for renting out with a monthly income of approximately £400 per month.

TRADING FIGURES

Full trading profit and loss accounts will be made available to seriously interested parties only after formally viewing the business.

STAFF

There are currently nine members of staff, with most staff working around 20 hours per week. There are also four paperboys covering the newspaper delivery side of the business.

OPENING HOURS

Monday to Saturday 06.30am to 19.30pm

Sunday 06.30am to 14.30pm

SERVICES

We are advised that all mains services are connected. Please note we have not tested the services therefore no judgement is made in respect of their current condition.

Prospective purchasers should make their own enquiries as to the services available for future use.

VAT

All figures quoted are exclusive of VAT where applicable.

RATEABLE VALUE

The VOA website states that one Wood Street, Botcherby has a Rateable Value of £4,750 and is described as a shop & premises.

COUNCIL TAX

The residential flat is assessed for Council Tax purposes within Band A.

ENERGY PERFORMANCE CERTIFICATE

It is understood that the commercial premises have an Energy Performance Asset Rating of C61 and the residential property has a Rating of E.

Copies of the Energy Performance Certificates are available upon request.

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Key Features

Contact the seller for more details, or book a viewing

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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