The Promenades Shopping Centre... Property for sale

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The Promenades Shopping Centre... Property for sale

The Promenades Shopping Centre, Bridlington, East Riding of Yorkshire, YO15
£50,000

Our Summary

  • Strong weekly takings (£13k–£15k), daytime-only hours, and scope to grow with extended trading or alcohol sales
  • 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
  • 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
  • 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

Description

This long-established news and general store in Bridlington's busy shopping centre is a rare opportunity to acquire a solid, income-generating business with significant scope for growth. With weekly takings of £13,000 to £15,000, the business has been successfully operated by the current owners for over 22 years and is now looking to retire. The store trades during the day, Monday to Sunday, and has a licence to sell National Lottery tickets. There is potential to expand operations by introducing an alcohol licence, extending trading hours, and diversifying the product range, which could increase revenue and profitability. The property is available on either a leasehold or freehold basis, offering flexibility to suit the buyer's investment strategy. The spacious shop features a well-designed sales area, storage room, and staff facilities, and is situated in a prime location with high footfall. With a new 10-year lease available, this is a turnkey opportunity for new owners to take over and build on the business's success.