£97,000
Retail premises for saleRiver Street, Truro TR1
About this property
Leasehold Newsagents & Off Licence
Town Centre Location
Parking For (2)
Established Business
Leasehold Newsagents & Off Licence Located In Truro
Town Centre Trading Position
Parking For Two Cars
Ref 3095
Asking Price £97,000 plus sav (£10,000)
Location
This established Newsagents & Off Licence is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shopper's car parks. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.
Business Description
Veritas Business Sales are delighted to offer to the market this respected Newsagents & Off Licence which is located in the vibrant city centre of Truro. There has been a newsagents on this site for over 75 years and the business has been in the careful hands of our client for the last 12 months. They are now offering the business for sale so that they can concentrate on their other business interests.
Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and 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. Tremletts Newsagents is owner operated with the help of 1 full time member of staff and last year posted an annual turnover of £416,000 (not including Payzone). The shop has a news bill of £500 pw and retails, sweets, confectionery, drinks, cigarettes, and alcohol (8.30am - 9.30pm licence). Other services include Pay Zone and pickup point for ups. In the past they have also retailed fresh food as well as shakes.
We believe that there is further potential to increase trade should you wish by opening later in the evenings. The business enjoys a very strong reputation locally and beyond and as such has a high level of regular repeat trade along with many visiting tourists. 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.
Opening Hours
Monday - Saturday - 06:00 - 17:00
Sunday - 06:00 - 12:00
Leasehold
Term: 12 years
Remaining: 4 years
Rent: £26,000 pa
Rates: £2,000 pa
Ground Floor
Retail area (4.9m x 15.2m) comprising: Sales counter, electronic till (Toshiba), various retail display stands, newspaper display stand, upright drinks fridge, cash machine, display fridge (Interlevin), various drinks display fridges, cigarette and vape kiosk and various shelves.
Storage & food prep area (3.2m x 4.5m) with sink with drainer, hot water dispenser, kettle and stainless-steel prep table. CCTV.
Storeroom (5.5m x4.5m) with various shelves.
W/C (2.7m x 1.3m) with wash basin.
Office (1.3m x 1.9m) with desk with chair, filing cabinet, various shelves.
Kitchen (3.1m x 3.5m).
Town Centre Trading Position
Parking For Two Cars
Ref 3095
Asking Price £97,000 plus sav (£10,000)
Location
This established Newsagents & Off Licence is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shopper's car parks. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.
Business Description
Veritas Business Sales are delighted to offer to the market this respected Newsagents & Off Licence which is located in the vibrant city centre of Truro. There has been a newsagents on this site for over 75 years and the business has been in the careful hands of our client for the last 12 months. They are now offering the business for sale so that they can concentrate on their other business interests.
Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and 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. Tremletts Newsagents is owner operated with the help of 1 full time member of staff and last year posted an annual turnover of £416,000 (not including Payzone). The shop has a news bill of £500 pw and retails, sweets, confectionery, drinks, cigarettes, and alcohol (8.30am - 9.30pm licence). Other services include Pay Zone and pickup point for ups. In the past they have also retailed fresh food as well as shakes.
We believe that there is further potential to increase trade should you wish by opening later in the evenings. The business enjoys a very strong reputation locally and beyond and as such has a high level of regular repeat trade along with many visiting tourists. 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.
Opening Hours
Monday - Saturday - 06:00 - 17:00
Sunday - 06:00 - 12:00
Leasehold
Term: 12 years
Remaining: 4 years
Rent: £26,000 pa
Rates: £2,000 pa
Ground Floor
Retail area (4.9m x 15.2m) comprising: Sales counter, electronic till (Toshiba), various retail display stands, newspaper display stand, upright drinks fridge, cash machine, display fridge (Interlevin), various drinks display fridges, cigarette and vape kiosk and various shelves.
Storage & food prep area (3.2m x 4.5m) with sink with drainer, hot water dispenser, kettle and stainless-steel prep table. CCTV.
Storeroom (5.5m x4.5m) with various shelves.
W/C (2.7m x 1.3m) with wash basin.
Office (1.3m x 1.9m) with desk with chair, filing cabinet, various shelves.
Kitchen (3.1m x 3.5m).
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