Business for Sale in Main shopping street through Village. LONG ESTABLISHED OFF LICENCE & NEWSAGENTS, GRIFFITHSTOWN, SOUTH WALES
Key Information
- Reference
- T35647J
- Tenure
- Freehold, Leasehold
- Status
- For Sale
- Region
- South Wales
- Sector
- Off Licences
- Weekly Sales
- £6,000.00 Exc. VAT
- Rent Payable
- £10,000 p.a if Leasehold Sale Option
- Business Rates
- Nil Advised Payable Currently
- Accommodation
- No
- Long Established Business (almost 60 yrs)
- Off Licence, CTN Trade
- Retirement Sale Opportunity
- 3 Storey Premises, in Village Location
- Leasehold or Freehold Sale
- Both Options at Sensible Asking Price
Business Information
Long established (circa 60 yrs) Newsagents & Off Licence business, with parking to the front, consisting of a 3 storey, mid terraced premises, within a busy village between Pontypool and Cwmbran in South Wales.
Easily run by our vendor along with 2 part time staff (family members), whom will not remaining upon sale. The business enjoys sales of circa £6,000 per week including newsbill appx £1,000 p/wk and lottery appx £1,000 p/wk advised. Trading information will of course be supplied to serious parties after viewing.
Our vendor is now looking to retire and is offering the business for sale by way of a brand new lease (ground floor shop and basement level only) at a very sensible premium price and rent, with negotiable length term.
Alternatively, our vendor is willing to sell on the business and the whole freehold property, including upper floors.
The business offers regular income and is long established, however would certainly also benefit from updating/refurbishing the premises.
Good opportunity at sensible asking price to reflect the updating required.
EPC Rating: tbc
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South, Mid & West Wales
Your Regional Director Mark Harrison
South, Mid & West Wales
PO BOX 156
Cwmbran
NP44 9EA