Newsagents / Convenience Store | | Llanelli Carmarthenshire | | NEWSAGENTS/CONVENIENCE STORE - CARMARTHENSHIRE Well established and highly regarded business Situated in the beautiful village of Cross Hands | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 73441
ADVERT IMPRESSIONS : 3,088 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £340,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | NEWSAGENTS/CONVENIENCE STORE - CARMARTHENSHIRE Well established and highly regarded business
Situated in the beautiful village of Cross Hands
Early viewing is highly recommended
3 bedroom owners' accommodation
Ideal husband and wife opportunity
Advised weekly turnover of £7,937
Scope for further development
FREEHOLD
Location
This superb newsagents/convenience store is located on a busy street in the village of Cross Hands, Carmarthenshire. The business benefits from ample private parking and is surrounded by a variety of complementary shops and businesses. The premises are close to local amenities and there are regular buses running through the area. The business boasts easy access to the A-road network and the M4 motorway is approximately 4 miles away. Cross Hands is a rural village set in picturesque countryside and is a popular tourist destination. Ammanford lies approximately 6 miles away and Llanelli is 9 miles to the south.
Business History
Meridian Business Sales are delighted to offer for sale this popular newsagents/convenience store which has been established since 1974 and has been in the careful hands of our clients since 2005. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that weekly turnover currently runs at £7,937 with a gross profit margin of 17% which is derived from the sale of convenience style goods, alcohol, lottery and newspapers/magazines as well as offering paper delivery service. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Financial Profile
Turnover: £7,937pw
Gross profit: 17%
Stock approximately: £40,000
Newsheet: £1,800
Lottery: £5,000
Tenure
We are advised freehold
Opening Hours
Monday: 5:30am - 9:00pm
Tuesday: 5:30am - 9:00pm
Wednesday: 5:30am - 9:00pm
Thursday: 5:30am - 9:00pm
Friday: 5:30am - 9:00pm
Saturday: 5:30am - 9:00pm
Sunday: 6:00am - 9:00pm
Accommodation
Well presented detached property, briefly comprising of:
GROUND FLOOR
Secure entrance leading to:
Open plan retail area with display shelving and racking, 5x refrigerators, 13x greeting card racks, newspaper/magazine displays, alcohol display, tobacco gantry, payment counter with cash register and lottery terminal.
Large stock room with shelving
Staff toilet with wash basin
Owners Accommodation
Lounge with feature fireplace
Fully fitted kitchen/dining room
FIRST FLOOR
Large double bedroom
Single bedroom
Large twin bedroom
Bathroom with bath, toilet, shower and wash basin
Store room (could be converted to 4th bedroom if desired)
EXTERNAL
Front car park for 4 vehicles
Rear garden area
Garage
| | | | | | FOR SALE | | | | | REFERENCE: | 2892 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
