Retail property (high street)

Guide Price £300,000 - £350,000 + SAV

Halls Newsagents is a great opportunity to buy or lease an established business set in a prime trading position in the market town of Kirkby Stephen.

Kirkby Stephen is a popular market town within the Eden Valley. The Yorkshire Dales, Lake District National Parks, North Pennines AONB are minutes away. Kirkby Stephen is just ten miles from J38 of the M6, and the trans-pennine A66 is 5 miles away It is well placed for Kendal, Penrith, Appleby, the Lake District & the Dales. The scenic Settle to Carlisle Railway is 1 mile away and the Coast to Coast and Lady Annes Highway footpaths run through the town. The walks provide a steady stream of tourism. Kirkby Stephen has highly regarded primary and grammar schools, as well as a good range of shops, restaurants, pubs, church, chapel and doctor's surgery. There is a weekly outdoor market and an thriving agricultural auction mart. There are also excellent sports facilities in town with cricket, football and Upper Eden rugby club.

The current owners have been running the business for the past three years, during that time they have refurbished the shop space and have expanded the sales within the business by adding local stock. The newsagents has recently won 'The Farmers Weekly Best Independent Newsagent Award 2022'. They are currently stocking newspapers, magazines, books, greeting cards, tobacco, confectionary, stationery, art and craft, toys, local beers, wine and spirits, coffee to go, local souvenirs, postcards, ordnance survey maps and local guides, lottery, scratchcards, ice cream and many more.

The property has also been improved with the addition of secondary glazing, insulation in the loft and LED lights throughout. They are now looking to move on to another business opportunity.

It's an ideal opportunity for someone looking for an existing, well run business, but equally would be a great investment with the options of renting flat, shop and also the cellar separately.

The turnover is currently around £360,000. The current sellers run the business with two part time staff members and also 5 delivery staff, they offer deliveries to the town and surrounding villages. The shops space is well positioned within the market place and has good shop frontage. There is a large cellar space beneath, this would be ideal for a quirky gift shop or office space/ storage independent from the newsagents. Planning permission has been approved to separate the shop from the apartment above.

Upstairs the accommodation is deceptively spacious with large, bright rooms with original character features. On the first floor is a lovely living room overlooking the market place, there is a good size dining kitchen and separate dining room. Upstairs are three good bedrooms, two doubles and a single. The master having an end suite bathroom.

Halls Newsagents is being offered for sale as a freehold premises but is also available on a leasehold basis. Stock available at valuation.