Grocery Store for Sale in New Tredegar

New Tredegar, Caerffili
REF: INT2137

Asking Price:
£130,000
Annual Turnover:
£240,149
Annual Net Profit:
£10,000
REF: INT2137
Photo of Grocery Store for Sale in New Tredegar

Overview

Tenure:
Freehold
Established:
1922
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Wide Variety of Products & Services

Here is a well-established business that is now for sale in New Tredegar, South Wales. This former mining town has an established community that provides a loyal customer base for the store.

This is a business that has served its community with the current owner for the last 27 years and has built up an excellent reputation. Customers can browse their wide selection of household goods, food and drinks.

Day-to-day operations are carried out by the current owners alongside one full-time and one part-time staff member. The owner is only looking to sell due to wanting to enjoy a well-earnt retirement.

This is a great business in an excellent location and a viewing of the business is highly recommended.

The sale is for both the business as well as the property. The business is in a perfect trading position as it is surrounded by a vast number of residential properties which provides footfall as well as convenience to locals. Being in a residential area, there is also free parking outside the front of the shop.

An additional bonus is that the business has accommodation above. Currently, this is only accessible via the shop. However, the owners have noted that it is possible for a separate entrance to the 2 bedroomed flat above to be made. There is also an attic within the flat. At present, the accommodation is currently unoccupied.

The value of the property alone is £85,000.

Ideal for anyone who is looking for a small but popular grocery business located in a residential area.

This is a business that can easily be developed by expanding online, which will allow higher visibility as well as increase customer traffic.

There is also the opportunity to make use of the flat located above the shop to increase profit from the building.

To increase on-the-spot sales, the buyer could also invest in taking card payments as this is not presently offered by the current owner.

Location

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  • Rural Location
  • Residential Location
  • Close to Local Businesses
  • Nearby Car Parking
  • Limited Competition

Property

Rates
TBC
Accommodation Included
Yes
Freehold Property Value
£85,000
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
XXXX

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