Convenience Stores for sale in Conwy

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Ian McGregor (Nov 2013)
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Freehold Price: £59,950 Price Reduced
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Business Description
Excellent Village Centre Location
WT £4,000, N/S £9,00 - GP 20%
Roadside Parking + Free Car Park Nearby
Recently refurbished, Double Fronted Store
Open until 5pm but licenced until 9pm.
EPC Rating – D

This is an excellent opportunity to purchase a double fronted convenience store at the centre of the popular North Wales town  of Penmaemawr which is located on the coast between Conway and Bangor. The town benefits from a sandy beach and far reaching views of the North Wales coast, the beautiful Menai Straights and the  Isle of Anglesey. It is also adjacent to the spectacular North Wales expressway with excellent communication to many North Wales towns and the motorway network. The town lies partly within the Snowdonia National Park and is noted for its mountain and coastal walks as well as its modern seaside promenade. The mountain backed town has a good selection of shops with some roadside parking plus a free public car park. The town is visited by tourists and holiday makers and has a sizeable resident population.

The business sells a range of traditional convenience store items, cigarettes, confectionery, beers, wines and spirits. It also sells frozen food , cards, dairy items, bread and some garden items and pet food, newspapers and magazines. It comprises impressive double fronted retail shop premises which are supported by a storeroom with its own twin delivery doors and has a cellar plus toilet. The building was formerly a cafe until 2010 when it was converted to a convenience store and the owners bought the very long lease (approx 970 years ie freehold equivalent)  in 2013 and the owners have seen steady growth of the business. The vendors advise that an alcohol licence was recently obtained in July 2013 and they therefore anticipate further growth in the development of the store .Regrettably ill health forces the early sale of the business and the contraction of their other business interests.

Blacks Brokers consider that this business represents an excellent opportunity for energetic young buyers to acquire a superb convenience store serving the community and with huge potential to expand and to diversify. Our friendly staff will be delighted to arrange viewings for potential buyers and to obtain any additional information required.

Fixtures:
News and magazine displays, double sided gondolas, shelving and counter, dairy display fridge, drinks chiller, tobacco gantry, two ice cream freezers, confectionery display, tobacco gantry, frozen food freezer, upright fridge, microwave.
Trading Hours:
5am - 9:30 pm 7 days


Tenure: Freehold

Accommodation Details:

Double fronted convenience store plus storeroom with delivery access toilet and cellar.

Location Details: Conwy

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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