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Llanelli Newsagents & Off License Business for Sale with High Reputation

Llanelli, Carmarthenshire
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Newsagents and Off License for sale in LlanelliNewsagents and Off License for sale in LlanelliNewsagents and Off License for sale in LlanelliNewsagents and Off License for sale in LlanelliNewsagents and Off License for sale in Llanelli
  • Status

    FOR SALE

  • Date Submitted:

    23/03/23

  • Advert ID

    510538

  • Reference

    2396 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £65,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Adjacent to Multiple Retailers
  • Fully Fitted
  • Ideal for Full Refurbishment
  • Close to Local Amenities
  • Accounts Available
  • Prime Location
  • Attractive Business
  • Potential for Alternative Use
  • Established Business
  • Unique Business

Business Details

Newsagents and Off License for sale in Llanelli

Summary:

  • Proof of funds required
  • Huge Potential
  • Heavy Footfall Area
  • Prime Location
  • Residential Area
  • All Fixtures & Fittings Included
  • Excellent Client Base
  • Highly Rated
  • Established Business

Business Description:

Silk Letting LTD are proud to present to the market a well-established and highly reputable newsagent in the heart of Llanelli. This business has created a reputation within the area by serving its customers quality products such as

Crisps

Drinks

Groceries

Alcohol and much more.

This business has managed to gain reviews online where customers do show appreciation towards the shop, this gives it a very strong look online and makes it very attractive for anyone who is looking by.

This shop currently gains its customers from walk-in and passing trade which means there are many returning customers who have stayed loyal.

With all fixtures and fittings included, this makes the business ready for a new owner to get going right away. It also includes a tobacco and alcohol license.

Location and Amenities:

Situated on a busy main road, this business is put in a prime location as it is an area that generates a huge amount of footfall. With the surrounding of many local amenities, this factors towards the

heavy amount of traffic gathered, therefore, leading to a high amount of walk-in and passing trade.

With plenty of parking bays along the street where the business is based, this business is very easily accessible for customers, staff, or the owner If they do need to travel to the premises via car.

There is also a bus stop not too far from the premises, which gives ease of access to anyone who would prefer to travel to the business via public transport.

Growth Potential:

Although this business is already a success, there are still many ways in which a new owner can expand.

For example, the business doesn’t have a website which leaves room for a new owner to create one.

Within this website, a new owner could showcase the products and services that it will provide to its clients, provide contact details and more information on the business so customers can know more about the it. For example, opening times, a products list, and maybe a phone number just in case customers have any enquiries.

Expanding on this idea, a new owner could also launch a delivery service to their clients through their website as the business doesn’t currently provide one. This would make it more convenient for customers who may find it hard to travel or for customers who live a bit more out of the way, as they would be able to have access to the products from the comfort of their own homes. As well as launching this onto their website, a new owner could also form agreements with platforms such as Deliveroo and Uber Eats which would help the business reach out to a wider audience and maximise profits and revenue.

Financial Profile:

Tenure: Lease – (Rents Property Only) – 7 years left remaining on the lease.

Turnover is available upon request.

Property:

The premises includes a ground floor where the business is presented and a first floor which does include a flat.

The business floor is set with shelves separating the isles however, the floor is still very spacious.

This ensures that customers can shop with ease, and it creates a comfortable environment for them to be in.

The business floor consists of a customer shopping area, a till area, a toilet and 2 storerooms.

The flat consists of 5 large rooms.

Security Features:

The business is fully equipped with 4 CCTV cameras and shutters which does ensure that the business is kept safe whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business which assists a buyer in an easy takeover.

A full list of assets is available upon request.

Staff:

The business currently employs one staff member who is willing to stay under new employment. This is an advantage to a buyer as it would give them an efficient and experienced staff member to work with.

The business is currently open:

Monday – Sunday – 9:00 am – 9:00 pm

Reason for the business sale:

The owner is deciding to sell the business due to other commitments opening an opportunity for a buyer like you to step in and continue the ongoing success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Newsagents and Off License for sale in Llanelli - 2396 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.