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Village store for sale in Cardiff with low rent and no competition

 Cardiff Town, Cardiff
1 of 1
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 1
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 2
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 3
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 4
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 5
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 6
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 7
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 8
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 9
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 10
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 11
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 12
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 13
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 14
Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff Photo 15
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Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales CardiffVillage store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff
  • Status

    FOR SALE

  • Advert ID

    652406

  • Reference

    Village Store South Wales / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £299,950 (Stock at valuation)
  • Rent: £3,200 (£267 per month)
  • Turnover: £676,000 (£13,000 per week)
  • Profit: On request

Key Features

  • Convenient grocery shopping experience
  • Established business turnover
  • Established retail business
  • Genuine reason for sale

Business Details

Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff

Village Store in Cardiff with NO COMPETITION.

Leasehold: Asking Price £299,950

Rent £65 per week (£270 per month)

Weekly sales circa £12,000 - £13,000 excluding services

Lots of free parking outside the store

Relied upon by the local community

No competition within the village

Good return from cash machine

Higher than average profit. GP is 35% - 40%

Energy Rating D

A leasehold convenience store located in a small village on the outskirts of Cardiff. This business is fitted to a good standard and has all the extras you would expect from a top end convenience store including atm and meal deals. A rare opportunity to acquire a longstanding and established off licence and convenience store.

This site has space for storage in the back, along with an external bin area and private parking.  The vendor is regretfully selling due to family commitments and having to move from South Wales to the Midlands. This convenience store has huge potential to increase sales by increasing hours  and with someone that wants to put their energy into boosting the sales by introducing new ideas such as hot meals, possibly a post office, parcel services and more.

This store runs such short hours closing at 9pm Monday to Saturday and 8pm on a Sunday when the licence is until 11pm. Increasing hours would certainly increase the weekly turnover substantially. Opening until 11pm is a must and will impact the sales figure substantially increasing the bottom line. 

This would be ideal as a family run store, or it would suit a hand’s on multi store operator and the perfect business for the first time buyer.

Location

This property is a small village on the outskirts of Cardiff in a housing estate and it is the only shop with no option for another shop to open. The site benefits from being surrounded by a huge residential area and customers don’t have a choice of going to another shop in the area.

Internal Details

The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store including, alcohol, tobacco, confectionery, and general items of convenience. This business has Lottery and PayPoint.

External Details

The business benefits from having ample free parking outside the store and beyond. There is also a backyard area .

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The Opportunity

This local convenience store is relied upon by the local community. This business is fitted to an good standard and is being offered on a leasehold basis.

The low rent, high GP and high turnover makes this an extremely appealing business.

Trading Information

Trading information shows average weekly sale of circa £12,000 - £13,000 per week.

Trading Hours

Mon-Sat 8am-9pm

Sunday 9am-8pm

Regulatory

Premises Licensed

Business Rates

The current owner has advised that the store benefits from 100% relief from small business rates. Purchasers however should make their own enquiries with the relevant local authority.

Viewing

No direct approach may be made to the property. For an appointment to view please contact the agent.

Commercial & Business Sales

Tel: 07935966270

Email: [email protected]

Read more

Contact Agent

Listing Statistics

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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.

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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.

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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 'Village store NO competition HIGH GP rent ONLY £65 per week NIL business rates South Wales Cardiff - Village Store South Wales / 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.