General Convenience Store In Bridgend For Sale

Business description

We are pleased to offer for sale this general convenience store, which has been in our clients' hands since 2009 and which is only now being placed on the market due to our clients' desire to relocate. The business trades 7-days per week and generates a turnover in the region of £600,000 per annum with a gross profit of 24%. The store offers an extensive range of product lines including alcohol, confectionery, newspapers and magazines as well as groceries, DVD rentals and Lottery sales. The premises are well-equipped to suit the trade and are maintained to a high standard throughout, with various displays, shelving and chillers. Our clients have developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The premises also offer large owners' accommodation comprising of 4-bedrooms, kitchen and diner, lounge and a family bathroom. Our clients advise us that there is facilities in-store to offer fresh baked bread, which is not currently being utilised. There is also scope to offer a newspaper delivery service. This is an ideal opportunity to acquire a busy convenience store in a thriving area, which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with us must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 16 years
Remaining lease length: 14 years
Rent review: every 4 years
Rent: £24,000 per annum

Location:

The Village Store occupies substantial premises and is ideally located on the main road on the outskirts of the popular town of Bridgend, Mid Glamorgan. The store is set in a parade of complementary shops and businesses and benefits from a high footfall and much passing trade. There is a main bus route nearby and the railway station is within easy reach. The town centre, which is a short distance away, boasts many leading high street retailers. Bridgend is an historic town and is popular with tourists wishing to explore the Glamorgan heritage coast and countryside. The store boasts easy access to the A-road network and junction 36 of the M4 motorway lies approximately 2 miles away, while the city of Cardiff lies approximately 21 miles away.

Premises details:

Substantial 2-storey retail premises with a large sales area and ample storage, offering owners' accommodation and situated in a popular tourist destination. Briefly comprising:

Ground Floor
• Large shop area with tiled floor, acoustic ceiling and diffused lighting, shelving to perimeter walls, centre gondolas for groceries and household products and consumables, greeting card displays, newspaper and magazine racking, gift wrapping paper display, DVD rental stand, chiller unit for dairy products and chiller for meat and sandwiches, 2 x large chest freezers, hardware stand, ice-cream freezers, slush drinks maker, triple drinks chiller, pie warmer, large beer and wine chiller
• Kitchenette with a range of units, sink unit, kettle and microwave oven
• Serving counter with 2 x electronic cash registers, Lottery terminal and scratch card display, Nescafe coffee machine, bake off oven, cigarette gantry, spirit shelving and pharmacy display
• Storeroom

First Floor
• Self-contained bedsit with bedroom, lounge, kitchenette and shower room

Owners' accommodation
• Large lounge with feature fireplace
• Kitchen/diner with a range of fitted units
• 4 x large double bedrooms
• Family shower room
• Family bathroom

Business Operation

Trading hours:

Mon - Sun: 8.00am - 10.00pm