Asking price: £275,000

Sales revenue: £160,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Bag a Business Ltd is delighted to offer for sale this popular convenience store and newsagents business, in such a prime trading location within Rhyl. The Grange News has been trading from these premises for at least 60 years and has built up a loyal customer base. Currently the annual turnover is £160,000 achieving a 20% gross profit. There remains infinite scope to develop turnover further as the business is currently run at a pace to suit our client, with relatively limited stock and no evening opening. The premises are exceptionally spacious with the internal configuration to significantly expand the overall sales area. In addition, it should be noted that the business is not currently licensed but, subject to relevant planning applications, it would offer a new owner significant potential to increase turnover. This is a particularly desirable purchase as the property also has exceptionally spacious, four double bedroom private living accommodation. This is a unique opportunity to purchase a thriving business with infinite scope for the future. Early discussions with Bag a Business Ltd must come highly recommended.

Trading hours: Mon - Fri: 6.00am - 5.30pm Sat: 6.00am - 5.00pm Sun: 6.00am - 2.00pm

Property: Freehold

Living accomodation
PROPERTY DETAILS Substantial two-storey, semi-detached property with four-bedroom private accommodation. Briefly comprising: GROUND FLOOR Open plan sales area 2 drinks chiller cabinets 1 double freezer cabinet 2 ice cream freezers 1 single drinks chiller unit Shelving and racking on perimeter walls Photocopier Greeting cards racks Wide confectionery counter with cigarette gantry behind Rear store Office area WC and wash basin Private accommodation on the ground floor Private entrance to rear Hallway with tiled flooring WC with basin Walk-in shower room Laundry cupboard with central heating boiler Kitchen with dining area, fitted wall and base units and tiled flooring Lounge and open plan dining area with French windows to patio and garden Store cupboard FIRST FLOOR Double bedroom with built-in wardrobes Landing Bathroom with bath, walk in shower, WC and wash basin Double bedroom with walk-in wardrobe and additional dressing area 2 double bedrooms with built-in wardrobes EXTERNAL Canopy and front forecourt Ample customer car parking facilities Internal and external digital CCTV Gates to private driveway and yard Single garage, shed, greenhouse, patio and lawns

Location
The Grange News is situated on a prominent corner trading position, on Grange Road, in Rhyl, Denbighshire. The business occupies a substantial semi-detached property and has ample free car parking facilities. It is located within a thriving residential area, from which it derives much trade. It is also close to a number of primary and secondary schools, and business parks. Grange Road is one of the major arterial routes in the town and generates much passing trade. It is surrounded by complementary shops and businesses, which generate a high daily footfall, as well as being within five minutes' of the town centre. The area is easily accessible being just 4 miles from the A55 Expressway, linking Holyhead and Llandudno to Chester and the M56 motorway.