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BUSINESS REFERENCE : 10065 / RightBiz FREEHOLD NEWSAGENTS & STORE FOR SALE IN DENBIGHSHIRE | | | | | | Newsagent & Store Denbighshire T/O: £160,000 GP: 20% Well established and thriving business. Prominent corner trading position. Scope to develop further. 4 bedroom accommodation. | | | BUSINESS LOCATION: | Rhyl Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £299,950 + SAV | | | | | | | | | | | BUSINESS DETAILS: | Location
The Grange News is situated on a prominent corner trading position, on Grange Road, in Rhyl, Denbighshire. The business occupies a substantial semi-detached property and has ample free car parking facilities. It is located within a thriving residential area, from which it derives much trade. It is also close to a number of primary and secondary schools, and business parks. Grange Road is one of the major arterial routes in the town and generates much passing trade. It is surrounded by complementary shops and businesses, which generate a high daily footfall, as well as being within five minutes' of the town centre. The area is easily accessible being just 4 miles from the A55 Expressway, linking Holyhead and Llandudno to Chester and the M56 motorway.
Business History
Bag A Business is delighted to offer for sale this popular convenience store and newsagents business, in such a prime trading location within Rhyl. The Grange News has been trading from these premises for at least 60 years and has built up a loyal customer base. Currently the annual turnover is £160,000 achieving a 20% gross profit. There remains infinite scope to develop turnover further as the business is currently run at a pace to suit our client, with relatively limited stock and no evening opening. The premises are exceptionally spacious with the internal configuration to significantly expand the overall sales area. In addition, it should be noted that the business is not currently licensed but, subject to relevant planning applications, it would offer a new owner significant potential to increase turnover. This is a particularly desirable purchase as the property also has exceptionally spacious, four double bedroom private living accommodation. This is a unique opportunity to purchase a thriving business with infinite scope for the future. Early discussions with Bag A Business must come highly recommended.
PROPERTY DETAILS
Substantial two-storey, semi-detached property with four-bedroom private accommodation. Briefly comprising:
GROUND FLOOR
Open plan sales area
2 drinks chiller cabinets
1 double freezer cabinet
2 ice cream freezers
1 single drinks chiller unit
Shelving and racking on perimeter walls
Photocopier
Greeting cards racks
Wide confectionery counter with cigarette gantry behind
Rear store
Office area
WC and wash basin
Private accommodation on the ground floor
Private entrance to rear
Hallway with tiled flooring
WC with basin
Walk-in shower room
Laundry cupboard with central heating boiler
Kitchen with dining area, fitted wall and base units and tiled flooring
Lounge and open plan dining area with French windows to patio and garden
Store cupboard
FIRST FLOOR
Double bedroom with built-in wardrobes
Landing
Bathroom with bath, walk in shower, WC and wash basin
Double bedroom with walk-in wardrobe and additional dressing area
2 double bedrooms with built-in wardrobes
EXTERNAL
Canopy and front forecourt
Ample customer car parking facilities
Internal and external digital CCTV
Gates to private driveway and yard
Single garage, shed, greenhouse, patio and lawns
OPENING HOURS
Mon - Fri: 6.00am - 5.30pm
Sat: 6.00am - 5.00pm
Sun: 6.00am - 2.00pm
FINANCIAL DETAIL
W/T: £3,000 approx
GP: 20%
TENURE
Freehold | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10065 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
