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Long Established Off Licence & Newsagents, South Wales For Sale

Griffithstown, Monmouthshire, UK
Freehold Price:
£195,000
Leasehold:
£50,000
Turnover:
£312,000
Net Profit:
Available on request

Key Features:
* 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

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

Property Information

Property:

Available as freehold and leasehold

Business Operation

Employees:
2

Other Information

Leasehold asking price:
£50,000