Freehold Convenience Store For Sale

Business description

Bag a Business Ltd is pleased to offer for sale this exceptional convenience store, which was first established in 1980. The store, which has been run and managed primarily by our client since 2005, is only now being placed on the market due to demands from his other business commitments. The business achieves a very respectable, weekly turnover of £13,000, which is derived from supplying a wide variety of convenience goods to local residents and the town's visitors. DVD rental alone produces an income of between £250 - £300 per week. The business also benefits from having a two bedroom self contained flat, which could be used for an additional rental income. We feel this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this fantastic shop.

Property information

Property:

Freehold

Lease terms:

Leasehold option £130,000 + sav
Rent £18,000 P/A
Rates £2,400 P/A

Living accommodation:

Property Details Two storey, brick built property with private access and a two double bedroom, self contained flat, briefly comprising: Ground Floor • Main front entrance • Two Sinqua EPOS cash registers • Two 5m open chiller units • Two 4m freezer units • Two central aisles • Wall to wall shelving and excellent product displays • Private side entrance leading to large storage area and stairs to self contained flat. First Floor Private self contained flat with: • 2 large double bedrooms • Fitted kitchen • Living area. • Good sized bathroom with bath, basin and W/C • Further storage for private or shop use • The layout of the bedrooms could be reconfigured to create a third single bedroom External • Side walkway leading to rear public parking area

Location:

Variety Fayre is situated within a parade of shops on the busy high street, in the town of Presteigne. The business benefits from being surrounded by a wealth of complementary shops, offering high quality retail facilities. There is ample customer parking to the rear of the property, making visiting the store easy. The convenience store draws its trade from the densely populated surrounding area and receives all year round passing trade from locals and visitors who come to shop on the renowned high street. Presteigne is one of the most popular business and residential areas in the UK, due to its beautiful countryside, fantastic tourist attractions, good schools and hospitals and high quality housing. The location is only 23 miles away from Hereford and 55 miles from Birmingham and is accessed from the M5 motorway, making UK travelling easy.

Other information

Trading hours:

Mon - Sun: 7.00am - 10.00pm