Newcastle Emlyn Essentials – Established Retail Opportunity

  • Leasehold Price: £65,000
  • Weekly Net Profit: £1,200
  • Weekly Turnover: £7,500
Featured For Sale
Newcastle Emlyn, Carmarthenshire, Wales
Seller Ref:PAX0722033047
Featured For Sale

Newcastle Emlyn Essentials – Established Retail Opportunity

Newcastle Emlyn, Carmarthenshire, Wales
Seller Ref:PAX0722033047
  • Leasehold Price: £65,000
  • Weekly Net Profit: £1,200
  • Weekly Turnover: £7,500

Overview

Seller Ref: PAX0722033047

Description

Overview:
For over two decades, this thriving business has been a staple in the heart of Newcastle Emlyn’s town centre. Strategically positioned next to the Post Office and directly opposite Boots, the store enjoys high foot traffic and visibility. Offering a diverse range of products including greeting cards, stationery, toys and toiletries, the business has become a cherished part of the community.

Financial Performance:
With a track record of consistent growth, the business boasts a highly profitable operation, with turnover increasing year on year. Currently the store generates an impressive weekly revenue of £7,500 reflecting its strong market presence and loyal customer base.

Opportunity:
As the owners are seeking to transition into retirement and slow down, this presents an excellent opportunity for a new owner to take the reins of this well-established enterprise. The business is efficiently run, offering ease of management and potential for further growth and expansion under new leadership.

Location Highlights:
Nestled within the picturesque Teifi Valley, Newcastle Emlyn is a historic market town renowned for its scenic beauty and vibrant community The store’s prime location on the main street ensures maximum exposure to locals and tourists alike. Surrounded by a variety of independent shops, arts and crafts centres, antiques stores, as well as dining establishments, cafes and pubs, the area provides a bustling environment conducive to retail success.

Operating Hours:
The store opens from 9.00am – 5.00pm, Monday to Saturday, allowing a balanced work-life schedule.

Lease and Ownership Options:
A new lease assignment can be negotiated with the successful buyer, offering flexibility and security. Alternatively, the owners are open to considering a freehold sale (including a two bed-roomed flat), providing additional investment opportunities.

Inventory:
Stock will be valued at the time of the sale ensuring a seamless transition to the new owner.

Don’t miss this rare chance to acquire a profitable and well-established retail business in a prime location. Embrace the opportunity to become a part of Newcastle Emlyn’s vibrant commercial landscape while enjoying the rewards of owning a successful enterprise.

Leasehold Terms:
A new lease can be agreed with successful buyer (a freehold sale is also an option)
Trading Hours:
9.00 - 5.00 Monday - Saturday
Number of Employees:
4
Support and Training:
Happy to work alongside new owners for an agreed amount of time to transfer and share knowledge
Location Details:
Newcastle Emlyn is a historic market town found nestled within the stunningly beautiful Teifi Valley. The shop is located in the middle of the main street which offers an array of independent shops, arts, crafts and antique centres along restaurants, cafes and pubs.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

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