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.
