• Listing ID: 1280735
  • (Seller ref: R3341W)

Long Established Convenience Store In Newport For Sale


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Asking price:
£69,995 (Furniture / Fixtures included)
Sales revenue:
£255,000
Cash flow:
Available on request
Years established:
Over 21 years
Employees:
The business is family run

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LONG ESTABLISHED CONVENIENCE STORE which benefits from the location within large residential estate, a new bike centre, two senior schools and a college and very close to Newport town centre. The present owners have been trading for the past 21 years and retirement forces the sale. Turnover of £255,000 per annum and could be increased by adding new lines. Three bedroom accommodation on the first floor which is currently let out for £4,000 per annum. Leasehold price £69,995 + stock at valuation. R3341W.


Property:
Leasehold
Lease terms:
Two years remain on the current lease or the landlord will grant a new lease.
Leasehold rent:
£9,500 per annum
Living accommodation:
Three bedroom accommodation on the first floor which is currently let our for £4,000 per annum.
Location:
Set within a large residential estate with excellent parking for customers.
Premises details:
Detached property with ground floor service area, toilet and stockroom. Seperate entrance to three bedroom accommodation on the first floor.

Reasons for selling:
Retire forces the sale.
Trading hours:
Monday to Saturday 7.00am to 9.00pm, Sunday 7.30am to 9.00pm.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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