Newsagents for sale in Rhyl

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Freehold Newsagents with Rental Income in Rhyl

Rhyl, Conwy, Wales

  • Freehold Price: £424,950  Price Reduced arrow_drop_down
  • Annual Turnover: £142,424
  • Annual Gross Profit: £29,169
  • Annual Net Profit: £5,814
Seller Reference: 3135
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Business Description
 
 
 
 
 
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Seller Reference: 3135
Request Details
Business Description
Main Road Position with Free Parking At Front
Annual Turnover Y/E 30th June 2017 £142,424
Accounts Available Upon Viewing
Substantial 4 Bed Flat with Gardens & Garage
Rental Income of £7,200
Scope to Increase Off Licence
EPC – F

This exciting freehold business and spacious four bedroom accommodation opportunity comprises a thriving newsagents  with additional ground floor accommodation, a large  garden with extensive parking and a double garage. The shop also includes an adjacent ground floor second shop unit which is let by the owners at £7,200 per annum.

 

The property occupies a key site with a car park to the front and is located on the coast road linking the North Wales  seaside resort town of Rhyl with Kinmel Bay, Towyn and Colwyn Bay. This area is popular with all year round residents as well as holiday visitors who enjoy the beach area s and stay in a number of nearby caravan and chalet parks adjacent to the shore.

 

The double fronted shop was purchased by the vendors in June 1988 and has traded successfully as a newsagents with National Lottery, selling news and magazines, tobacco, confectionery, cold drinks and some general items. It also has six regular news rounds with a weekly news bill which varies between £57,200 and £88,400 per annum depending upon the season because it also supplies several holiday parks with a sub retailing income of some £500 per week as well as servicing other increased seasonal trade. Blacks Brokers consider that there may be considerable potential for this business to include the sale of alcoholic drinks  and to open for longer hours subject to obtaining any necessary consents.



The double fronted shop was well presented at the time of our visit and was complemented by the beautifully presented four bedroom flat with views around the area and  of the North Wales hills beyond. The premises also include a ground floor conservatory area with double French doors leading to the garden as well as a  kitchen for the shop which can be used for sandwich preparation together with a toilet and utility room. The flat benefits from a bathroom with wc and washbasin and a second shower room with wc and washbasin. There is a first floor kitchen and a large open plan lounge and dining room with extensive views of the area. The property also includes  a two door double garage which is accessed by a wide driveway to the side of the property and ample parking for a family of cars. The spacious gardens include a barbecue and patio area as well as a greenhouse.

Fixtures:
The Shop Has Anti Slip Type Flooring

Counter

Wall Cladding and Shelving

Alarms

News And Magazine Displays

Two Double and One Single Upright Bottle Display Chillers

Chest Freezer

Ice Cream Freezer

Tobacco Gantry

Lottery Machine

Scales The Shop Is Protected By Electrically Operated Roller Shutters

The Ground Floor Kitchen And Prep Room Has A Double Stainless Steel Sink With Drainer As Well As Staff Hand Wash Sink.

The Utility Room Is Plumbed For Washing Machine And Drier

Trading hours:
Mon-Thurs - 06.30-18.00 Fri - Sat - 06.30-19.30 Sun - 06.30-13.00
Tenure:
Freehold
Is accommodation included?:
Sales floor, Stock room, Kitchen, WC. Sales floor, Stock room, Kitchen, WC.
Location Details:
Conwy
Downloadable Documents:
Listed by:
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