« Search more Convenience Stores for sale in South Wales
Reference G9226
Situated in a Parade, excellent main road trading position, residential, office and commercial area, SOUTH WALES
Turnover £ 20,000
Price
£320,000
/
£880,000
Features
Attractive Convenience Store and Off Licence
COMMANDING DOUBLE FRONTED PREMISES, in the region of 1,800 ft², WITH ELECTRIC SHUTTERS, CCTV (15 cameras), Tiled flooring, plaster board ceiling with LED lighting.
2 EPOS sales counters, 3 x 3 m open chillers, triple door freezer, ice cream freezer, adjustable shelving, sales, fruit and veg display racking, etc.
Store room.
Staff cloakroom with toilet and wash hand basin.
Office.
Rear access for deliveries.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £20,000 p.w. With a Gross profit of 17% approx.
Staff
The business is at present operated by the husband & wife team, with the assistance of their son and 2 part time staff.
Trading Hours
7 Day week
MONDAY - THURSDAY 7 a.m. - 10 p.m.
FRIDAY - SATURDAY 7 a.m. - 11 p.m.
SUNDAY 7 a.m. - 10 p.m.
Accommodation
Situated above the premisses with rear access.
3 Self containedFlats
Each flat comprises;
2 double bedrooms
Fitted kitchen / diner.
Shower room with shower toilet and sink.
Also located and let on the first floor is an Office comprising.
Large room.
Kitchenette.
Shower room with toilet and wash hand basin
At present ONE OF THE FLATS FLATS AND THE OFFICE ARE LET on a shorthold tenancy providing a rental income of £600 per month EACH
Outside
Loading bay to rear.
Tenure
The Vendor is porepared to lease the business WITHOUT the accommodation.
The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE for 15 years with reviews every 3 years at a rent of £20,000 p.a. for the first 3 years.
N.B. This rental does not include the accommodation.
Business Rates from April 2026 £1,000 approx. after small business relief. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, EXCLUDING THE ACCOMMODATION, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION (£70,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, INCLUDING THE ACCOMMODATION, GOODWILL, FIXTURES & FITTINGS £880,000 plus STOCK AT VALUATION (£70,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 160,000 (lease) £ 616,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Convenience Stores for sale in South Wales
Buy a Convenience Store with Off Licence in South Wales For Sale on NationwideBusinesses.co.uk
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