Freehold Convenience Store For Sale

Business description

Bag a Business is pleased to offer to the market this extremely profitable convenience store, that has developed an excellent and loyal customer base due to its long-standing, enviable trading reputation, which dates back to the late 1970s. GC Lloyd Premier Store is now only being placed on the market due to our clients' wish to concentrate on other business interests. The business has an exceptionally high turnover of £13,000 per week, derived from the sale of convenience goods, magazines, newspapers, gifts and other miscellaneous items. However, it is expected that our clients will see an increase in turnover over the course of the next few weeks, due to new proactive marketing that has seen leaflet drops throughout the town and nearby villages advertising the latest Premier deals. The business is largely unopposed and benefits from the lack of competition showing a strong trading history as well as year-on-year growth. We feel that this is an excellent base for a new owner to build upon, perhaps by taking advantage of the adjacent space to extend the store into a supermarket style operation, or by continuing the proactive marketing and extending the product range. Early viewing of this thriving business is strongly recommended to fully appreciate the potential it has to offer.

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS Single storey, detached retail unit of brick construction, situated underneath a pitched tile roof with a retail trading area just under 1,500 sq ft with a further 300 sq ft of storage space. GROUND FLOOR Retail trading area of approximately 1,500 sq ft Extensive perimeter shelving Central racking and displays Dedicated toys, gifts and card display area Chillers and freezers for food items Office Storage space W/Cs EXTERNAL Adjacent to the building is a large plot of approximately 0.25 acres that offers the opportunity to extend the trading area or potential to build a second retail/commercial unit. Our clients have discussed the matter with local planners and would be happy to discuss the subject with any prospective purchaser.

Location:

GC Lloyd Premier Store is ideally situated within a parade of complementary shops and businesses in the heart of Bettws, Bridgend. The area has seen a tremendous amount of investment in recent years, with a large housing development being recently completed. The business draws its trade from both sides of Bettws due to its enviable reputation, however has more recently developed a large amount of passing trade from the new housing development. In addition to the local trade, the business benefits from a high degree of footfall from visitors to the nearby Bryngarw Country Park, which is approximately one mile from the town. Bettws is only 3 miles from junction 36 of the M4 motorway, which connects South Wales to the M5 motorway.

Other information

Trading hours:

Mon - Sat: 6.00am - 10.00pm Sun: 7.00am - 9.00pm