DESCRIPTION
Newsbeat Newsagent is ideally located in a single storey detached property in the heart of Thurso. The business comprises as well-stocked newsagent as well as offering takeaway ice cream, hot food and fresh coffee. This flexible retail unit is located centrally on Princes Street, Thurso.
The street level internal aspects are mainly open plan and benefit from a well-appointed welfare / storage area located to the rear. The property and business are being sold as a going concern. The building has an excellent and flexible sales area, extending to circa 132m².
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TRADE
The business has a solid year-round trade with peak trading in the holiday season when it benefits from the influx of tourists to the area. A high level of passing trade further enhances turnover. During the winter months, the owner has developed the support of locals thus benefitting from a solid level of income. The business generates a consistent profit but could be operated to a higher level with extended opening hours and considering some inward re-organisation to maximise returns. The shop is currently run by the owner’s family with one member of staff. Currently it operates 7 days per week from 07:00 until 13:00. It is well positioned locally being one of the main suppliers of delivered newspapers throughout the region.
Merchandise includes fresh produce and drinks, general grocery items, chilled items, ice cream, newspapers, stationery and magazines to name but a few. The present trading configuration makes it an easy-to-operate business and provides scope to adjust the range of goods and services should new owners wish to do so. Internally, all areas are easily accessible with all sales areas being intelligently laid out utilising a modern range of shelving units and display stands. The sales counter is situated to one side of the main entrance affording excellent control of the shop. The business benefits from a fully operational EPOS system.
REASON FOR SALE
The vendors have owned Newsbeat Newsagent for several years. It is their desire to retire from the newsagent business and follow other unrelated business interests that brings this excellent opportunity to the market.
THE PROPERTY
Newsbeat Newsagent is a standalone building with excellent visibility to passing trade on Princes Street. The inviting shop frontage is fully glazed with a large, picture window frontage, thus enjoying natural lighting and a clear line of sight from the pavement. The sales area is rectangular in shape, with an office, store and staff welfare in the rear quarter of the floor area.
In addition to the shop retail area there is a WC, store and office, all located to the rear of the unit. The subjects are split into two sections: the main retail area (extending to about 82m²) and staff accommodation (extending to around 50m²). The property is on the ground floor only and has direct access from the pavement.
SERVICES
The unit benefits from mains electricity, water and drainage.
