Freehold Convenience Store For Sale

Business description

Bag a Business is delighted to offer for sale this thriving and highly regarded convenience store and off-licence business, in such a prime trading location, within Newtown. Stan's General Store has been owned and operated by our client for the past 25 years and has built up an enviable reputation with much regular repeat custom from throughout the surrounding area. Currently the business has an average weekly turnover of £3,500 achieving a 22% gross profit. It should also be noted that there has been a grocery, convenience business trading from this site since 1823. This is a particularly attractive purchase as the premises have the internal configuration to significantly expand the sales area, if desired. In addition, the property also has two self-contained flats on the first and second floors, which are currently let out on a short term tenancy basis, generating an additional monthly income of £260 per flat. This is a unique opportunity to purchase such a thriving and highly regarded business, occupying such an impressive freehold property. Early discussions must come highly recommended.

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS A substantial three-storey property with additional basement level, occupying a prominent corner site, briefly comprising: GROUND FLOOR Main entrance Open plan retail sales area Wide sales counter with electronic cash register and cigarette gantry behind Worktops with weighing scales CCTV and air conditioning Central aisle 2 double and 1 single drinks chiller display cabinets Ice cream freezer, fruit and vegetable display stands, newspaper/magazine display racks and greeting cards display rack Ice cream machine Vacuum packing machine Meat slicer Stairs to basement level WC 2 storerooms FIRST FLOOR - FLAT 2A Hallway Single bedroom Kitchen Lounge Bathroom with shower over bath, WC and basin Landing SECOND FLOOR - TOP FLAT Single bedroom Bathroom with shower over bath, WC and basin Kitchen Lounge Landing (both flats have separate utility services and meters) EXTERNAL Wide frontage Ample free car parking facilities outside Access to self-contained flats from the rear of the property

Location:

Stan's General Store occupies a prominent and highly desirable corner trading location, on Bryn Street, half a mile from the centre of Newtown in Powys. The business occupies a substantial three-storey property with an attractive wide double frontage and ample free car parking facilities outside. It is situated in the heart of a thriving residential area and opposite Penygloddfa School, which generates much regular repeat custom. The business is regarded as the only true corner shop within Newtown and has an extensive customer base from throughout the northern area of the town, yet it is within comfortable walking distance of the town centre.

Other information

Trading hours:

7 days a week: 7.00am - 7.30pm