Reference - 43323
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.
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.
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.
Owner Run with part time staff
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
The front of the property is straight to street with on street parking available in the area.
The property has mains water, drainage and electricity.
The business trades with the benefit of cigarette license.
Trading figures will be made available after a formal viewing has taken place.
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.
Offers over £124,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
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.
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.
Should you require further information on this or any other property, please do not hesitate to contact us on .