Summary - 25, MARKET PLACE DN14 7BL
1 bed 1 bath Commercial Property
**Standout Features:**
- Established newsagents in bustling Market Place, Howden
- Strong community presence with a loyal customer base
- Turnover of £499,812.81 with a net profit of £52,095.14
- Includes competitive commissions from lottery (£5,826.00) and paypoint (£5,788.69)
- Retail area spacious at 4.80m x 8.23m, well-organized with ample display windows
- Security features include window shutters and an intruder alarm
- 15-year lease in place, current rent £8,500.20 pa, with lease assignment available
**Concise Summary:**
Discover a rare opportunity to own this well-established newsagents located in the vibrant Market Place of Howden, a small town known for its strong community ties. With a solid turnover of nearly £500K and a healthy net profit, this business stands out as not only a profitable venture but also a beloved local fixture. The spacious retail area features large display windows, allowing for excellent visibility and engagement with passing foot traffic, making it ideal for a variety of merchandise.
While the current lease has 5 years remaining and could pose mortgage lending challenges, the potential for a new lease arrangement with the landlord opens doors for future growth and stability. The property is equipped with essential amenities—from air conditioning to security systems—ensuring a secure and comfortable business environment. With competitive commissions from lottery and paypoint services, this investment is poised for continued success. Don't miss the chance to build upon this established foundation in a thriving market town; seize this exclusive opportunity today!
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