1 bedroom post office for sale

Ashvale, Tredegar, Gwent, Blaenau Gwent, NP22

Guide Price £160,000

Property Description

Commercial information

  • Business for sale

Key features

  • Lucrative & heavily relied upon post office and newsagents
  • WT £3,950, post office salary £29,000 per annum
  • Main road monopoly position, densely populated residential areas
  • Well fitted, large one bed accommodation, owner retiring, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is a rare opportunity to purchase a post office and newsagents, which occupies a trading location in the popular area of Tredegar. Newport, South Wales. The business is located within a densely populated residential area. As you would expect, the area is a hive of activity throughout the day with high levels of footfall, generating high levels of both regular local and passing trade.

This well-known and heavily relied upon business has served the locality for over 27 years and during that time has forged strong relationships within the community, boasting an extensive and loyal customer base.

The business is fitted to a high standard with excellent quality fixtures and fittings.

The business retails an extensive range of newspaper and magazine titles, confectionery, tobacco products, soft drinks, greeting cards and stationary as well as also offering a host of post office services.

The business offers genuine scope for growth and would therefore prove to be an ideal proposition for an ambitious and energetic family unit, who can extend the retail stock lines and the opening hours, with potential to keep additional staffing levels to a minimum.

This would naturally increase the weekly sales, whilst reducing the overheads therefore maximising overall profitability.

This first class business is only now being offered for sale due to retirement and viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently weekly shop sales average £3,950 approximately.

POST OFFICE SALARY
Annual PO income approximates to £29,000.

OTHER
News sheet £tbc.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday, Tuesday, Friday 05:00 - 17:30
Wednesday, Saturday 05:00 - 19:30
Thursday 05:00 - 13:00
Sunday 05:00 - Noon

STAFF
Managed by the owner with full/part time staff.

PROPERTY
The semi-detached two storey property offers excellent ground floor retail space, with self-contained ground floor and first floor private accommodation.

TRADING AREAS
The spacious sales area creates a welcoming environment that is light and airy. The post office has a two position counter, store room and staff toilet. The retail space is fitted to a high standard with a comprehensive range of excellent quality equipment. To the rear of the property there is a stockroom and staff toilet.

RESIDENTIAL ACCOMMODATION
The self-contained private accommodation is located on the ground floor, with a kitchen that leads through to the first floor living accommodation, with a large lounge dining area, a large double bedroom, a bathroom and storage. To the rear of the property is a garden and patio area with a garage.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is a superb opportunity to purchase a wonderful business which is only now being offered for sale due to retirement. A great location with lots of potential to increase turnover further. To avoid disappointment, viewing is highly recommended.

Nearest stations

  • Rhymney (2.3 mi)
  • Ebbw Vale Town (2.4 mi)
  • Pontlottyn (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Rhymney (2.3 mi)
  • Ebbw Vale Town (2.4 mi)
  • Pontlottyn (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44168. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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