Convenience Store / Post Office For Sale

Business description

BUSINESS The business operates as a convenience store, newsagents, off license and Post Office.

Products sold include beers, wines, spirits, cigarettes, chemist sundries, household items, fruit and vegetables, newspapers, magazines, confectionery, convenience items, cold meats, pies and sandwiches.

DESCRIPTION

The shop is branded as a Londis and has aluminium doors and windows. Recessed ceiling, strip lighting, tiled floors. Well equipped for purpose.

Sales Shop Area 94.2 sq.m.
Storage Area 16.7 sq.m.

Double front with a large display window. Spacious shop area with display counter, multiple shelving, greeting card and magazine racks, confectionery racks, 3-position safety glass Post Office service area.

LIVING ACCOMMODATION Spacious 3-bedroomed living accommodation.

OPENING HOURS Monday and Tuesday 9am to 6pm. Wednesday to Saturday 9am to 7.30pm. 9.30am to 1pm Sunday.


TURNOVER We have not been provided with copies of audited profit and loss or balance sheet accounts but are informed that the Post Office salary is currently £39,000 per annum and turnover is running at £5-6,000 per week.

TENURE The business is offered on a long leasehold basis.

RATES We are informed that the rateable value of the business premises is £6,800 and that the business rates payable for the current year (2008/09) are £3,168.80 Cardiff City Council. The council tax band for the living accommodation is Band B.

Property information

Property:

Leasehold

Lease terms:

Ground Leasehold. Ground Rent payable.

Location:

The business is located on Gabalfa Avenue just off the A48 one mile north of Cardiff City Centre. It is located in a highly densely populated area and therefore attracts large amounts of passing and local trade. The Post Office also has little or no competition with the nearest Post Office being in Fairwater some 1½ miles to the west.