WT £5,000 GP 26%
Plus £20,000 PA Potential Rental Income
Popular Seaside Location/Low Rent £200 Per Week
Thriving Resident & Visitor Trade
EPC Rating - D
This is an excellent opportunity to purchase a superb convenience store on a freehold or leasehold basis; the offer includes four self contained flats, comprising seven bedrooms and located in the beautiful North Wales village of Fairbourne. The popular village lies opposite Barmouth where Barmouth Bay meets the Mawddach Estuary. The area benefits from beautiful golden sands and the wonderful scenery of the Snowdonia National Park. The business and property benefit from an excellent trading location a short distance from the BR railway station which is served by the Cambrian Coast Railway; Opposite is the railway station for the Fairbourne narrow gauge steam railway which runs for two miles along the beach to the Barmouth Ferry. These are both popular with tourists and holiday makers with large numbers drawn to this beautiful area.
The shop was superbly presented and well stocked at the time of our visit. It sells a huge range of convenience store and off licence items as well as capitalising on traditional seaside sales of buckets and spades, beach toys, beach clothing, post cards, windbreaks, fishing nets, hats, umbrellas, charcoal, inflatable boats etc. The shop also sells fruit and veg, frozen food, stationery, drinks, sandwiches, pet foods and dairy items.
Fairbourne Mini Mart, as well as having extensive welcoming retail areas also comprises a former secure Post Office area, a toilet and a kitchen. The front of the premises includes a recent but Victorian style canopied display area. To the rear of the premises are large covered yard areas with vehicular access, enclosed by folding double gates leading to a rear lane. Details of the flats are given separately but these benefit from a ground floor front entrance to the front of the premises.
Blacks Brokers consider that this business and property represents a fantastic business and investment opportunity. The vendors advise that there is strong demand for this kind of modern flat accommodation within the area including staff at a nearby RAF outward-bound training centre as well as for holiday letting accommodation.Our helpful staff will be pleased to arrange viewings for prospective buyers and to provide any additional information required.
Details of the flats are given separately but these benefit from a ground floor front entrance to the front of the premises. The new flats were in course of final completion at the time of our visit and comprise as follows: Two one bedroom flats One two bedroom flat One four bedroom flat with three bathrooms arranged over two floors
Location Details: Fairbourne
Leasehold Term: Rent: £200 Per Week
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