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Self Service Convenience Store For Sale

Newport, Gwent
Asking Price:
£120,000
Sales Revenue:
£572,000
Cash Flow:
Available on request

Spacious double fronted, fully licensed convenience store with tiled floor, suspended ceiling and led lighting. Situated in a parade, main road trading position, residential area , Newport, Gwent, South Wales.

Facilities 24hr ATM , counter news, confectionery, tobacco, full free off licence, national lottery, Paypoint, Hermes parcel service , food to go and take away coffee station.

Fully equipped including counter, EPOS scanning system with till, 3 glass topped chest freezers, 2 open chiller display, 1 pepsi cooler , 1 Coca Cola cooler and a Lucozade cooler.

Food hygiene rating of 5*

Modern adjustable shelving, center display gondola.

As well as the local area, the business has many passing trades; such as being situated very close to city center, workers passing by, etc.

Property Information

Property:

Leasehold

Lease Terms:

We understand the premises are held on a secure renewable lease.
The present lease expiring in 2025 at a current rental of £20,000 p. a. exclusive of rates.

To include the secure lease, goodwill, fixtures & fittings £120,000 plus stock at valuation (£30,000/£35,000 approx).

Leasehold Rent:

£20,500 per annum

Living Accommodation:

The spacious living accommodation comprises:
7 bedrooms (4 doubles , 3 singles)
2 kitchens
Separate cloakroom with w.c. and wash hand basin and shower cubicle.
In addition there is a bathroom with bath,shower, w.c. and wash hand basin.

Location:

Situated in a parade, main road trading position, residential area

Business Operation

Expansion Potential:

Huge demand for food to go.
Increase in the store opening hours.

Reasons for selling:

Relocating

Trading hours:

Mon - Sat 07:00 a.m. - 08:00 p.m.
Sun 08:00 am - 3:00 p.m.

Employees:
1 full time, 3 part time

Contact Information

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