Traditional Newsagents Business in Dunbar East Lothian, High Street Freehold, £120,000
Dunbar, East Lothian
- Status
FOR SALE
- Date Submitted:
08/03/23
- Advert ID
509528
- Reference
1550 / Rightbiz
- Call Agent:
- Freehold: £95,000
- Turnover: On request
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Town Centre location
- Price Reduced
- Currently Closed
- Prime Location
- Established Business
Business Details
Vacant Freehold High Street property in popular East Lothian town. (ref 1550)
Former newsagency business. High Street freehold property. Same ownership for over 17 years. Ideal for any retail business. Investment opportunity. Potential for use as office.
FREEHOLD Guide price £95,000.
Dunbar News is located in the popular East Lothian town of Dunbar which lies 30 miles east of Edinburgh and is easily accessible via the main A1 routing. Dunbar attracts many visitors all year round but especially during the summer months where it has earned the nickname “Sunny Dunny” due to the high number of sunshine hours it benefits from in comparison to the remainder of the country. Main attractions in the town include John Muir’s birthplace, the harbour, Belhaven and East Beaches, its Townhouse and two high quality golf courses.
Dunbar as a town has grown dramatically over recent years with substantial residential development having taken place, this expansion is ongoing with many new properties still being built.
Dunbar News is positioned on the High Street and is surrounded by a selection of complementary businesses such as galleries, coffee shops and public houses. There is free parking available on the High Street and in the surrounding areas.
This former newsagents business is now available as a vacant property. We estimate the subjects extend to 785 square feet.
We are advised that the rateable value is £6,200. The property qualifies for 100% business rates relief under the Small Business Bonus Scheme.
A guide price of £95,000 is sought for the heritable interest in the property.
PLEASE NOTE THAT PHOTOS TAKEN WHEN TRADING.
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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.
Be safe, use a Rightbiz Solicitor
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