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Convenience Store With 2 Flats, Newport For Sale

Newport, Newport, UK
Freehold Price:
£385,000
Lease Asking Price:
£90,000
Sales Revenue:
£230,000
Cash Flow:
Available on request

A well established Convenience Store, situated in a busy trading location, upon a very busy main road into the major city of Newport, South Wales.

Vendor looking to retire after 14 happy and successful years of trading. No staff to handover also advised.

Enjoying sales of circa £230,000 p.a. (as supported by up to date accounts/vat returns), this is a substantial package having 2 flats also included in the sale. One flat used by the vendors and a fully self contained flat alongside/above, which is currently let out and achieving rental income of £650 p/month advised.

Our Vendor is happy to offer for sale as a complete package via its lucrative freehold, or via a brand new leasehold option (with business and the owner's flat included).

A great opportunity and only coming to market due to our vendors impending well earned retirement.

EPC Rating Shop: C EPC Rating Flat: D

Property Information

Property:

Available as freehold and leasehold

Living Accommodation:

Accommodation Included.

Other Information

Leasehold asking price:
£90,000

Contact Everett Masson & Furby

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