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Retail Property (high street) for sale

61 Ashvale - NP22


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


This is a rare opportunity to purchase a 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, confectionary, tobacco products, soft drinks, greeting cards and stationary.

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.

Currently weekly shop sales average £3,950 approximately.

News sheet £tbc.

Current records and accounts can be inspected when viewing.

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

Managed by the owner with full/part time staff.

This End Terrace property offers excellent ground floor retail space, with self-contained 1 bedroom flat to the 1st floor with kitchen facilities downstairs. Flat can be accessed through the back so can have a separate entrance if you are considering renting the accomodation. Approx rental income in this area of £300pcm

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.

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.

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.

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.

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