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BUSINESS REFERENCE : 7517 / RightBiz LEASEHOLD NEWSAGENTS & OFF LICENCE IN WALES | | | | | | Off Licence/newsagent Aberystwyth, Ceredigion. W/T: £6,970 approx. GP: 19.1% approx. Lock-up premises in a prime trading location. Potential for a basement cafe. Scope to increase turnover. | | | BUSINESS LOCATION: | Aberystwyth Dyfed UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £39,000 + SAV | ANNUAL RENT: | £16900 | | | | | | | | | | | BUSINESS DETAILS: | Siop Y Prom is located on a prime, highly visible corner trading position on the seafront at Marine Terrace, within Aberystwyth in Ceredigion. The premises benefit from a wide frontage with ample free car parking facilities outside. It is in a popular residential area for students, which generate much repeat business. In addition, being on the seafront the business is particularly busy within the Summer months due to the popularity of the beach with visitors and tourists. The business is within walking distance of the main pedestrianised shopping area of the town as well as the main bus and railway stations. The front of the property has outstanding coastal views and overlooks the wide promenade.
Bag A Business is delighted to offer for sale this thriving off licence/newsagent business in such an enviable trading location within Aberystwyth. Siop Y Prom occupies versatile, lock-up, leasehold premises, with the internal configuration to significantly expand the overall retail sales area if desired. Currently the annual turnover is £355,000, achieving a 19.1% gross profit. As well as student and tourism business, it receives regular local trade being close to numerous office blocks, businesses, the magistrate's court and the Forestry Commission Headquarters. This is a particularly attractive purchase as the basement area has undergone a substantial refurbishment programme, incorporating a fully fitted commercial kitchen and cafe area. Early discussions with Bag A Business must come highly recommended.
FINANCIAL PROFILE
W/T £6,790 approx
GP 19.1% approx
OPENING HOURS
Mon - Wed 7.00am - 9.30pm
Thurs 7.00am - 8.00pm
Fri - Sat 7.00am - 9.30pm
Sun 8.00am - 8.00pm
PROPERTY DETAILS
Ground floor lock-up premises with newsagent/off licence business. Interior stairs to basement level with fully equipped commercial kitchen and a 14 cover cafe area, briefly comprising:
GROUND FLOOR
Main shop:
Shelving/racking systems on walls
Central aisle
Sales counter with coffee machine and cigarette gantry behind
Three single drinks chiller cabinets
Double drinks chiller cabinet
Two ice cream freezers
Store room
BASEMENT
Stairs from shop leading to:
Cafe area with tables/chairs for 14 covers
Product display racks on walls
Open' fully equipped commercial kitchen
Refrigerated glass fronted product display counter
Pie warmer
Microwave oven
Double sink
Various rerigerators/freezers
Store room
WC and wash hand basin
Emergency exit stairs
EXTERNAL
Wide frontage
Corner site
Car parking facilities
Sea views
TENURE
Leasehold
Original length: 5 years
Remaining length: 5 years
Review every: 3 years
Rent: £325 per week | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7517 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
