Leasehold Newsagent And Off Licence For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this thriving off licence/newsagent business in such an enviable trading location within Aberystwyth. Siop Y Prom occupies versatile, lock-up, leasehold premises, with the internal configuration to significantly expand the overall retail sales area if desired. Currently the annual turnover is £355,000, achieving a 19.1% gross profit. As well as student and tourism business, it receives regular local trade being close to numerous office blocks, businesses, the magistrate's court and the Forestry Commission Headquarters. This is a particularly attractive
purchase as the basement area has undergone a substantial refurbishment programme, incorporating a fully fitted commercial kitchen and café area. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining length: 5 years
Review every: 3 years
Rent: £325 per week

Living accommodation:

Property Details Ground floor lock-up premises with newsagent/off licence business. Interior stairs to basement level with fully equipped commercial kitchen and a 14 cover cafe area, briefly comprising: Ground Floor Main shop: • Shelving/racking systems on walls • Central aisle • Sales counter with coffee machine and cigarette gantry behind • Three single drinks chiller cabinets • Double drinks chiller cabinet • Two ice cream freezers • Store room Basement Stairs from shop leading to: • Cafe area with tables/chairs for 14 covers • Product display racks on walls • 'Open' fully equipped commercial kitchen • Refrigerated glass fronted product display counter • Pie warmer • Microwave oven • Double sink • Various rerigerators/freezers • Store room • WC and wash hand basin • Emergency exit stairs External • Wide frontage • Corner site • Car parking facilities • Sea views

Location:

Siop Y Prom is located on a prime, highly visible corner trading position on the seafront at Marine Terrace, within Aberystwyth in Ceredigion. The premises benefit from a wide frontage with ample free car parking facilities outside. It is in a popular residential area for students, which generate much repeat business. In addition, being on the seafront the business is particularly busy within the Summer months due to the popularity of the beach with visitors and tourists. The business is within walking distance of the main pedestrianised shopping area of the town as well as the main bus and railway stations. The front of the property has outstanding coastal views and overlooks the wide promenade.

Other information

Trading hours:

Mon - Wed: 7.00am - 9.30pm Thurs: 7.00am - 8.00pm Fri - Sat: 7.00am - 9.30pm Sun: 8.00am - 8.00pm