CONWY - Newsagents/Off Licence Well Presented W/T £4,500, GP 20% 3 Bed A

Morfa Stores presents an opportunity to buy an established store with accommodation and located in a residential suburb of the famous town of Conwy which has the famous castle and walls as well as being in an outstanding, beautiful area. The marina at Aberconwy and extensive sandy beaches are within the area. The store benefits from spacious, three bedroom, well presented accommodation. The business is unopposed within the area and has off road parking for customers as well as private parking.

The store services local residents as well as the many visitors holidaying or having second homes nearby. The business is also close to a large sports ground as well as a children’s nursery. The shop was well presented and stocked at the time of our visit with weekly takings of approximately £4,500 i.e. £230,000 per annum and increasing. It enjoys a gross profit of 20%.The business comprises a newsagents, off licence and general store together with Paypoint, Health Lottery and an ATM. It also sells sea fishing bait and tackle. The store can be self-contained and has its own toilet.

The house attached appears to be much larger than others within the area and is detached except for the shop. It was also well presented at the time of our visit and it benefits from three bedrooms as well as a kitchen diner, dining room and a lounge. There is also an enclosed garden to the rear which was well presented at the time of our visit.

Blacks consider that this is business presents an exciting opportunity and life style change proposition with scope and potential for further growth. Early interest is anticipated for this business and freehold property which is in a beautiful area of North Wales but with excellent communications via the A55 North Wales expressway with links to the national motorway network and also connects to other North Wales-areas to the west as well as ferry connections to Ireland from Holyhead in Anglesey. Please contact us to arrange an early viewing.