| (REF: 2436) Thriving Newsagents and Convenience Store in Pencader Carmarthenshire |
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| Seller Reference: |
2436 |
| B4S Reference: |
26081 |
| Asking Price: |
£339,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£416,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Pencader, Carmarthenshire, United Kingdom |
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Preferred Commercial is delighted to offer for sale this thriving newsagents and convenience store, which was established in 1975 and which has been in our clients' careful hands since 2001. The business is only now offered to the market due to our clients' wish to retire. The premises are well-equipped to suit the trade comprising a spacious shop area with a wide variety of display units and 2 large store rooms. The business has an excellent reputation with the locals, which ensures much repeat trade. Our client offers a wide range of high quality products and services including the lottery, alcohol, general convenience lines, CTN lines, coal, DVD rental and mobile phone top-ups. The business benefits from low levels of competition and recently won an award for selling the most mobile phone top ups in the country. The premises boast self-contained 3-bedroom accommodation with picturesque views of the surrounding countryside. The accommodation is currently let out at £400 per month. The business trades 7 days a week and generates a turnover in the region of £416,000 per annum with a gross profit of 22%. We feel this could be further increased by expanding the retail space into the rear storeroom, subject to the neccesary planning permission. This is an ideal opportunity to acquire an already thriving newsagents and convenience store with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Substantial 3-storey semi-detached retail premises with remote viewing CCTV situated in a village location. Briefly comprising:
Ground Floor
• Spacious shop area with disabled access ramp, counter display unit, tobacco gantry, drinks chiller, milk refrigerator, pet food display unit, DVD rental display, magazine display and shelving
• Large storeroom with shelving and access to rear yard
First Floor
Accessed from rear yard
• 2 x double bedrooms
• Single bedroom
• Kitchen
• Dining room
• Bathroom
Second Floor
• Large lounge with spectacular views
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Location: |
Pencader Stores occupies substantial 3-storey, semi-detached premises, ideally located on the main road running through the village of Pencader, Carmarthenshire. The premises are close to the local amenities and there are a number of bus routes serving the area. The business is surrounded by a residential area from which it draws much trade. The A485 is less than two miles away allowing good access to Carmarthen, which is approximately 10 miles away and the coast town of New Quay, which is less than 17 miles away. Pencader lies approximately 25 miles from the M4 motorway and less than 40 miles from Swansea. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Sat: 6:30am to 10:00pm
Sun: 7:30am to 10:00pm
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