SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

SPAR Knighton Convenience Store Established busy location for over 60 years

Knighton, Powys

Status

SOLD / WITHDRAWN

Date Submitted:

01/12/19

Advert ID

253066
Leasehold: £110,000
Annual Rent: £19,000
Annual Turnover: £1,000,000

Spar Knighton, Busy location with a lot of scopes. Been established for over 60 years. Invited offers.

Location

Situated in the heart of the market town of Knighton, close to the start of the Offa's Dyke Path, this Spar shop draws customers from the local town as well as the large rural area surrounding the town. There is a healthy flow of tourists that visit the town for attractions such as Offa's Dyke, the observatory and the carnival and show each August which attracts visitors from all over the world.

Description of the store.

This independent convenience store trades under the Spar banner and comprises ground floor trading area of around 1,100 sq ft,500 sq ft of storage space on the ground floor and a further basement storage area of around 1,000 sq ft. There is also three-bedroom owner's accommodation.

Internal Details.

The air-conditioned double shop unit has the counter with two till positions, National Lottery display, compliant tobacco gantry behind and impulse confectionery displays on the right as you enter. The shop is laid out providing a customer journey around the store including off licence area, household goods, and deli counter with food to go provision, as well as chilled and frozen goods, fresh fruit and vegetable display and general convenience produce.

There is a large basement which can provide further storage and has the potential to be converted subject to the relevant planning requirements. All trade fixtures and fittings are included in the sale. There is a rear yard large enough for loading which is accessed from Station Road.

An opportunity to acquire a freehold convenience store in a busy market town with a central location trading at around £22,000 at summer season and £18,000 per week in colder times. This site is currently managed, but with an owner-operator in place with the time and energy to drive the business forward, there is potential to create a successful and highly profitable retail business.

Accommodation attached.

- Large Loung.

- Dining Room.

- Two bathrooms.

- Kitchen.

- three Bedrooms.

Store Opening Times.

6 am-8 pm Monday to Saturday.

6.30 am-7 pm Sunday.

Key Features
  • Price Reduced
  • Prime Location
  • High Turnover
  • Offers Invited
  • Central Position in Affluent Village
  • Attractive Business
  • Established Business
  • Town Centre location
Map and Street View
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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
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