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Thriving Convenience Store in Rhymney Gwent

Price:
Freehold - £249,950
Turnover:
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Seller Ref:
2945
Location:

Wales, Gwent, Rhymney

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving convenience store, which was established in 1930 and which has been in our clients' careful hands since 2008. The store is only now being place on the market due to our clients' other business interests. The business trades 7 days a week and generates a turnover in the region of £130,000 per annum with a gross profit of 24%. Spikes Shop offers an extensive range of high quality products including, groceries, fresh pies and sandwiches and convenience lines. There is tremendous scope to increase the turnover by extending the range of products available, such as alcohol, newspapers, tobacco, and offer the lottery and PayPoint facilities. The shop has gained an excellent reputation over 82 years of trading and enjoys a loyal customer base with much repeat trade. The property has been well-maintained throughout and boasts a spacious retail area and well-equipped commercial kitchen. We feel the kitchen could be utilised to offer outside catering services. There is also spacious 3-bedroom owners' accommodation to the first floor with lounge, kitchen and bathroom. There is a building to rear of the property, which we feel could be converted into a studio apartment, subject to planning permission being granted. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Spikes Shop occupies a substantial 2-storey property, prominently located on a busy main road in Rhymney, Gwent. The business benefits from ample on-street parking and is surrounded by a densely populated residential area, from which it draws much trade. There are excellent public transport links in the area with bus stops and a railway station within easy walking distance. The town's amenities are nearby including a college, Post Office and schools. The premises are easily accessed via the A469 and the A465. The town is situated on the edge of the Brecon Beacons National Park and is surrounded by miles of picturesque countryside. Rhymney is a desirable place in which to live and work, and is popular with commuters due to excellent road and rail links across the region. Merthyr Tydfil is approximately 5 miles to the west, while Cardiff lies approximately 22 miles to the south.
Trading Hours:
Mon - Sat: 9:00am to 6:00pm Sun: 9:00am to 5:00pm
Accommodation:
Substantial detached 2-storey retail premises with 3-bedroom owners' accommodation. Briefly comprising: Ground Floor • Retail area with 2 x chilled counters for meat display, sandwich display, chest freezer, ice cream freezer, 2 x double drinks chiller, drinks chiller, greeting card display, 2 x central gondolas, shelving to perimeter walls, counter with electronic cash register and weighing scales • Preparation area with stainless steel work surfaces • Commercial kitchen with double upright refrigerator, upright freezer, Bain Marie, 3 x microwave ovens, preparation surfaces, double fryer, griddle, 6-burner gas hob and oven, wash up sink and 2 x under counter refrigerators • WC with wash hand basin First Floor • Lounge • Kitchen • 2 x double bedrooms • Single bedroom • Bathroom • Enclosed sun lounge External • Parking for up to 5 vehicles • Garage • Garden to rear • Patio area • Building to rear, suitable for conversion to residential
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