Convenience Store for Sale in Grangetown Cardiff Near Two Schools
Grangetown, Cardiff
- Status
UNDER OFFER
- Advert ID
653006
- Reference
Paget Convenience Store / Rightbiz
- Call Agent:
- Leasehold: £89,950 (Stock at valuation)
- Rent: £10,560 (£880 per month)
- Turnover: £403,000 (£7,750 per week)
- Profit: On request
Key Features
- Ready for immediate operation
- Recommended for viewing
- Surrounded by local amenities
- Attractive price point
Business Details
Paget Convenience Store Cardiff with Huge potential located near 2 schools
Paget Convenience Store.
Leasehold: Asking Price £89,950
Weekly sales circa £7,000 - £8,000 excluding services
Lottery commission income £200 per month plus parcels plus PayPoint
Lots of FREE parking outside the store and BEYOND
Relied upon by the local community
Higher than average profit. GP is 25% - 30%
Energy Rating D
Rent £880 per month
Currently open 8am – 11pm
A leasehold convenience store located in a densely populated area of Cardiff. This business is fitted to an extremely high standard and has all the extras you would expect from a top end convenience store. A rare opportunity to acquire a longstanding and established convenience store. Â Refit quite recently including new ceiling and new floor.
The vendor is regretfully selling due to family commitments and other businesses. 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, meal deals, possibly a post office  and more.
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.
5 Star hygiene ratedÂ
Location
This property is in a densely populated area on a busy road. The site benefits from being surrounded by a huge residential area which has 2 schools very close by and no immediate competition.
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, PayPoint and a busy parcel service.
External Details
The business benefits from having ample parking outside the store and beyond.
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. The business is fitted to a 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 £7,500 - £8,000 per week.
Trading Hours
Mon-Fri 8am-11pm
Sat - Sun 10am-11pm
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]
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Contact Agent
Map
What's Nearby
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Contact the seller for more details, or book a viewing
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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.
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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.'.
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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.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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