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Property for sale

The Promenades Shopping Centre, Bridlington, East Riding of Yorkshire, YO15
Property
Added > 14 days

Key information

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Features and description

  • Prime Retail Location
  • Strong Weekly Turnover
  • Established Since 2003
  • Daytime Trading Hours
  • Expansion Potential Available
  • Leasehold
  • Turnkey Business Opportunity
Established News & General Store in busy Bridlington shopping centre. Strong weekly takings (£13k–£15k), daytime-only hours, and scope to grow with extended trading or alcohol sales. Ideal turnkey opportunity.

NEWS AND GENERAL STORE in Bridlington for Sale

An exceptional opportunity to acquire this long-established and well-regarded Newsagents and Convenience Store, ideally situated in a thriving and densely populated district of Bridlington. The business occupies a prominent trading position, within the towns shopping centre within easy reach of local amenities, ensuring a steady stream of potential customers.

Established in 2003, the business has been successfully operated by our clients for just over 22 years who are now looking to retire.

Weekly turnover £13,000 to £15,000 It currently trades over seven days with manageable daytime hours and no late evening openings, presenting a fantastic opportunity for new owners to expand operations. There is significant scope to introduce an alcohol licence, extend opening hours into the evening, and diversify the product range to further increase revenue and profitability. They currently have a licence to sell National Lottery.

This is a rare opportunity to acquire a solid, income-generating business with both commercial and residential elements, and with clear potential for growth under new ownership. The premises are available on either a leasehold or freehold basis, offering flexibility to suit the buyer’s investment strategy.

The shop features a spacious, walk-round sales area with a well-positioned counter, designed for efficient customer service and product display. The lower ground floor includes a generous storage room and a WC, providing ample space for stock management and staff facilities.

A new 10 year lease can be offered to the ingoing owner which is currently costing £22,000 Per Annum and an additional £1052 service charge to the shopping centre.

Stock Value Approx : £48,000 Full Inventory available but for obvious reasons is subject to change.

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About this agent

Harris Shields Collection - Bridlington
Harris Shields Collection - Bridlington
14 Promenade Bridlington YO15 2PX
01262 353993
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With over 60 years of experience and local knowledge, Harris Bell can answer ALL your house buying and selling questions!
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