Retail premises for sale in Ruddicks Newsagents, Wood Street, Carlisle CA1, £225,000

225,000.00

Offer Nr.:
63860408
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Edwin Thompson
Phone(s):
01228 304459

**Summary**
• Well Presented Newsagency Business and Local Post Office with Healthy
Turnover and Profits
• Genuine Walk - In Condition and Located in a Busy Residential Area
• Includes an Attractive 2 Bedroom First Floor Flat
• Guide Price £225, 000 for the Freehold Interest of the Site and Buildings,
Business Goodwill, Fixtures and Fittings plus Stock at Valuation.
**Location**
Ruddicks Newsagents & Post Office is located on Wood Street, in the Botcherby
suburb of Carlisle, less than a minutes walk from Warwick Road, one of the
main arterial routes into Carlisle City Centre.
Carlisle is just over a mile away to the east and has a great to deal to
offer, including historic attractions and a vibrant pedestrianised centre with
shops, bars, art gallery and a cinema. Carlisle Train Station, on the West
Coast Main Line, provides travel time to London in around three and a half
hours. Carlisle has a residential population of 75, 000 and an estimated
catchment population of 235, 000. As well as being the dominant shopping
location, it is also the administrative centre in Cumbria and the Borders.
Located just 10 miles south of the Scottish border, the nearby M74/A74 offers
a direct route north with the M6 motorway to the south giving excellent
transport links to the rest of England. Newcastle (56 miles to the east),
Glasgow (90 miles north west), Edinburgh (93 miles to the north) and York (120
miles to the south east) are all readily accessible via the main road links.
Botcherby itself has plentiful local amenities including a range of
independent retail businesses and a large residential catchment with a wide
and varied selection of housing.
**Description**
1A and 1B Wood Street is an attractive corner premises, constructed over 2
levels with the business trading from the ground floor and good sized living
accommodation to the first floor. The frontage is whitewashed and has display
panels, eye catching signage to the front and roller shutter doors on the
front window and door.
Retail Element
Internally the shop is laid out in traditional style with the main Post Office
counter located towards the rear of the property offering one service counter.
There is a centrally positioned double sided aisle gondola offering a range of
groceries. The interior walls house various products on offer from newspapers
and magazines, stationary, confectionary and other grocery products.
Towards the rear of the premises on the ground floor are storage facilities,
staff office and staff WC.
First Floor Flat
The first floor living accommodation is accessed via an external staircase via
a shared access to the rear of the property and comprises of an entrance
leading to the kitchen / lounge area, two bedrooms and bathroom. The flat is
in excellent condition and could be used immediately for living accommodation.
**Accommodation**
The retail element of 1A Wood Street provides an approximate net internal
floor area as follows:
Ground Floor Shop 61. 24 sq m (659 sq ft)
Ground Floor Ancillary 12. 71 sq m (137 sq ft)
Total Approximate Net Internal Area 73. 95 sq m (796 sq ft)
The first floor residential flat provides a gross internal area as follows:
First Floor Flat 49. 07 sq m (528. 25 sq ft)
**The business**
An opportunity to purchase this family run newsagents, local store and Post
Office, due to the planned retirement of one of the Directors. The current
family have owned the business for 15 years and the retiring Director worked
in the shop for the 20 years prior to owning it. They have built up a
wonderful reputation for both friendly service and looking after the needs of
the many customers who use the business.
As a Local Post Office the business offers all expected services such as
letters, parcels and bill payments, which generates excellent footfall
benefitting the newsagency side of the business along with the full range of
groceries, newspapers, cigarettes and alcohol.
The Post Office has recently been converted into the new open counter version
with the till area of the shop and Post Office having recently been
refurbished.
The first floor flat is in excellent condition and is ready for renting out
with a monthly income of approximately £400 per month.
**Trading figures**
Full trading profit and loss accounts will be made available to seriously
interested parties only after formally viewing the business.
**Staff**
There are currently 9 members of staff, with most staff working around 20
hours per week. There are also 4 paperboys covering the newspaper delivery
side of the business.
**Opening hours**
Monday to Saturday 06. 30am to 19. 30pm
Sunday 06. 30am to 14. 30pm
**Services**
We are advised that all mains services are connected. Please note we have not
tested the services therefore no judgement is made in respect of their current
condition.
Prospective purchasers should make their own enquiries as to the services
available for future use.
**VAT**
All figures quoted are exclusive of VAT where applicable.
**Rateable value**
The voa website states that 1 Wood Street, Botcherby has a Rateable Value of
£4, 750 and is described as a shop & premises.
**Council tax**
The residential flat is assessed for Council Tax purposes within Band A.
**Energy performance certificate**
It is understood that the commercial premises have an Energy Performance Asset
Rating of C61 and the residential property has a Rating of E.
Copies of the Energy Performance Certificates are available upon request.
**Proposal**
The property is available at a guide price £225, 000 for the freehold interest
of the site and buildings, business goodwill, fixtures and fittings plus stock
at valuation.
**Legal costs**
Each party to bear their own legal costs in the preparation and settlement of
the sale documentation together with any VAT thereon.
**Viewing**
The property is available to view by prior appointment with the Carlisle
Office of Edwin Thompson llp. Contact:
Ruth Richardson or Hugh Hodgson at our Carlisle Office
**Important notice**
Edwin Thompson for themselves and for the Vendor of this property, whose
Agents they are, give notice that:
1\. The particulars are set out as a general outline only for the guidance of
intending purchasers and do not constitute, nor constitute part of, any offer
or contract.
2\. All descriptions, dimensions, plans, reference to condition and necessary
conditions for use and occupation and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely
on them as statements or representations of fact but must satisfy themselves
by inspection or otherwise as to their correctness.
3\. No person in the employment of Edwin Thompson has any authority to make or
give any representation or warranty whatsoever in relation to this property or
these particulars, nor to enter into any contract relating to the property on
behalf of the Agents, nor into any contract on behalf of the Vendor.
4\. No responsibility can be accepted for loss or expense incurred in viewing
the property or in any other way in the event of the property being sold or
withdrawn.
5\. These particulars were prepared in August 2021

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