CONVENIENCE STORE WITH 2 FLATS, NEWPORT

  • Price: £385,000
  • Freehold Price: £385,000
  • Leasehold Price: £90,000
  • Annual Turnover: £255,000
NEWPORT, South Wales
Seller Ref:G34699J
For Sale

CONVENIENCE STORE WITH 2 FLATS, NEWPORT

NEWPORT, South Wales
Seller Ref:G34699J
  • Price: £385,000
  • Freehold Price: £385,000
  • Leasehold Price: £90,000
  • Annual Turnover: £255,000

Description

EXCELLENT OPPORTUNITY: RETIREMENT SALE. *No staff to handover advised*.

A long established, spacious Convenience Store, situated in a busy trading location, upon a very busy main road into the major city of Newport, South Wales.

Vendor looking to retire after 17 happy and successful years of trading.

Enjoying easily achieved sales of circa £5,000 + per week (as supported by accounts/vat we hold on file), this is a substantial package having 2 flats also included in the freehold sale. One flat used by the vendors and a further fully self contained flat alongside/above, which is currently let out and achieving rental income of £1,000 p/month advised (August 2023)

Our Vendor is happy to offer for sale as a complete package via its lucrative freehold, or via a brand new leasehold option (with the business and the owner’s flat included).

A great opportunity and only now coming to market due to our vendor wish to retire.

EPC Rating Shop: C      EPC Rating Flat: D

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is stock included:
NA
Website address:
https://www.emfgroup.com/businesses/view/G34699J/convenience-store-with-2-flats-newport

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