Business for Sale in BUSY, MAJOR ROAD LOCATION INTO NEWPORT CITY CENTRE CONVENIENCE STORE WITH 2 FLATS, NEWPORT

Key Information

Reference

G34699J

Tenure

Freehold, Leasehold

Status

For Sale

Region

South Wales

Sector

Convenience Stores

Annual Sales

£255,000.00 Exc. VAT

Rent Payable

£20,000 p.a INCLUDES SHOP & 1 FLAT.. (VIA LEASEHOLD SALE OPTION)

Business Rates

£ 1,100 appx p.a

Accommodation

2 flats...Owners 3 bed Plus a further S/contained 2 bed flat

Business Information

EXCELLENT OPPORTUNITY: RETIREMENT SALE. *No staff to handover advised*.

A long established, spacious 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 17 happy and successful years of trading.

Enjoying easily achieved sales of circa £5,000 + per week (as supported by accounts/vat we hold on file), this is a substantial package having 2 flats also included in the freehold sale. One flat used by the vendors and a further fully self contained flat alongside/above, which is currently let out and achieving rental income of £1,000 p/month advised (August 2023)

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

A great opportunity and only now coming to market due to our vendor wish to retire.

EPC Rating Shop: C      EPC Rating Flat: D