Retail premises to let in 321 Two Mile Hill Road, Bristol BS15 1Ap

£19,000 pa (£365 pw)
Interested in this property? Call +44 1204 351867 * or

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Property description

Business
Hilton Smythe welcomes to the market Tovey News, a delightful entry level and easily managed business at a very keen asking price, For Sale due only to our client's other pressing employment priorities.

A very busy high street newsagent with 4 main, yet expandable news rounds, and regular local confectionary, lottery, tobacco, and convenience item trade. With a Paypoint service, there is also the possibility to expand into a parcel collection point for Hermes, dpd or Amazon and alike.

Serving a busy local and wider community, the business benefits plenty of regular and repeat clientele, as well as much passing trade and 'stop and go' traffic.

The addition of a website, social media, or more online presence would help the business increase sales. Having been a local newsagent for decades, there is a regular and loyal client base, yet plenty of organic growth remains.

Owing to other commitments, the business is run at a pace and lifestyle benefit to suit our clients. Although a steady weekly turnover exists, there is plenty of scope and growth for a hands-on partnership or husband wife team to push the trade further by altering the opening hours, and adding further news rounds or additional services.

Location
Tovey News is situated on a busy thoroughfare in Kingswood, a busy outskirts location near the city of Bristol.

With clean modern and vibrant signage, the premises are easily locatable on the main A420, adjacent to a zebra crossing, and within the vicinity of other businesses both independent and major. Plenty of Free on- street parking and bays exist to the main road and surrounds, offering an excellent 'stop and go' trade.

Kingswood is a popular suburban part of Bristol, just over 3 miles from the city centre itself, and has plenty of densely populated residential areas. The average semi-detached house price is circa £235,000 in the location, having excellent public transport and local road links including the A420 on which the business sits, and the M32, M5 network nearby.

The area has plentiful local amenities including Pubs, Restaurants, Convenience Stores, Schools and Day Nurseries, and has a local population of around 40,000 people made up of 4 wards.
Premises
A simple open plan and easy to operate premises circa 41 sqm.

Large privacy glass window elevation with entry door, leading to mainly open plan yet well set out and displayed shop floor, with rack mount shelving, news stand, gondola displays, rear counter, servery and payment station.

Rear storage and stock room, ancillary areas, kitchenette / staffing area and WC.
Tenure
We are advised the business is being sold as a Leasehold business opportunity

Original lease length: 35 Year renewable lease term

Remaining lease length: As of 2017,5 years remain on the lease.

Review period: 5 Yearly

Rent: £1500 per quarter.

Currently no business rates are payable.
Hours
The business opening hours:

Monday: 05:00 to 17:00

Tuesday: 05:00 to 17:00

Wednesday: 05:00 to 17:00

Thursday: 05:00 to 17:00

Friday: 05:00 to 17:00

Saturday: 05:00 to 16:00

Sunday: 06.00 to 13.00
staff
The business is run by a hands-on husband and wife team.
Financial profile
As per 2016 accounts turnover is in the region of 178,500 with gross profit at circa 19%.


Nearby transport

  • Lawrence Hill (2.1 miles)
  • Stapleton Road (2.2 miles)
  • Bristol Temple Meads (3.0 miles)
  • Bristol Airport (10.4 miles)
  • Cardiff Airport (36.0 miles)
  • Bournemouth Airport (55.6 miles)
  • Temple Meads Station Ferry Landing (3.0 miles)
  • Temple Bridge (Bristol) Ferry Landing (3.0 miles)
  • Castle Park Ferry Landing (3.2 miles)

Nearby schools

View all schools in Bristol
  • Two Mile Hill Primary School (0.2 miles)
  • Our Lady of Lourdes Catholic Primary School (0.5 miles)
  • St Stephen's Church of England Junior School, Soundwell (0.7 miles)
  • Bristol Futures Academy (2.1 miles)
  • St Brendan's Sixth Form College (2.4 miles)
  • Catch22 Include Bristol (3.0 miles)
  • John Cabot Academy (0.4 miles)
  • Bristol Brunel Academy (0.6 miles)
  • New Horizons Learning Centre (0.8 miles)
Note: Distance is shown as a straight line measurement

Local info for Bristol

About the neighbours in BS15

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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