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

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