Retail premises for sale in Kelty, Fife KY4

£124,995
Retail premises for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Profitable Business
  • Lifestyle Opportunity
  • Huge Potential to Increase Sales
  • Turnover in Excess of 455K Per Annum

Property description

Reference - 43323

Description
Bruce and Co. Are pleased to offer for sale Mitchells Newsagents, an established newsagent which has been under the careful ownership of our clients for over 8 years. The business has reluctantly been offered for sale to the market due to our clients other business interests. Mitchells Newsagents is a profitable business, as well as having an enviable location; the business also has a good base of loyal clientèle and enjoys much repeat custom. In addition to an excellent reputation, the business also benefits from its fantastic location on the main road through the village and the parking facilities directly outside the premises are a great advantage. There is huge opportunity to increase sales in this shop with the introduction of new retail lines and increased opening hours to our vendors own admission.

Currently, the vendors offer a wide range of services such as Payzone, National Health Lottery, Christmas toy catalogue, paper rounds, card and gifts as well as fancy goods.

Situation
Mitchells Newsagents is situated on the main street of Kelty, holding a prominent position within the town, surrounded by residential housing.

Kelty is located next to the main Edinburgh to Perth road, the M90 motorway, and as a result of this has seen a large number of houses built primarily for commuters to Edinburgh over the past 5 years. Kelty has two primary schools, St. Joseph's and Kelty Primary. Following primary school, the majority of pupils go on to Beath High School, a comprehensive school in Cowdenbeath, or the local Roman Catholic School, St Columba's High School in Dunfermline. It also has a modern community centre and a library.

Building internal
Fitted and presented to a good standard, this well maintained newsagent occupies the ground floor of a traditional property.

The business is well in the village and also benefits from its corner location and large display window. The customer service area is located to the right of the shop floor with a cigarette display behind the service counter. The shop floor has been designed with functional shelving surrounding the outer walls to maximise display opportunities. The shop benefits from a separate retail area to the rear which offers huge potential to increase turnover by utilising this space to promote more retail items. The premises also have an office area with staff WC facilities.

Staff
Owner Run with part time staff

Opening Times
Monday/Tuesday - 05.00-17.15
Wednesday - 05.00-13.30
Thursday/Friday - 05.00-17.30
Saturday - 05.00-13.45
Sunday - 05.00-12.30

Building External
The front of the property is straight to street with on street parking available in the area.

Services
The property has mains water, drainage and electricity.

License
The business trades with the benefit of cigarette license.

Trading Figures
Trading figures will be made available after a formal viewing has taken place.

Summary
This sale offers an excellent opportunity to purchase a successful business with fantastic potential to increase turnover. The business trades with an enviable client base and fantastic location and with new enthusiastic owners could maximize sales opportunities in this area.

Tenure
Freehold

Price
Offers over £124,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on .

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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