5 bedroom convenience store for sale

Pethybridge Road, Cardiff, Cardiff (County of), CF5

178 sq. m. | £159,950

Property Description

Commercial information

  • Business for sale
  • 1,915 sq ft (178 sq m)

Key features

  • REF: 1621
  • LEASEHOLD

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Pethybridge Stores Ltd. This very busy convenience store is extremely well supported by the local community and has successfully been trading since 2004 when our clients first established the business.

The store is generously stocked with everyday items including chilled and frozen foods, alcohol, household goods, sweets, crisps, newspapers, magazines and other everyday essentials. Further revenue is generated through Lotto sales and PayPoint service.

The business reports a fantastic turnover of circa 820,700, taking advantage of the monopoly trading position. With regular repeat custom from local residents and the extended opening hours contributing towards the clear success of the business.

The business is complete with extensive owner's accommodation including 6 bedrooms and 4 bathrooms, and private garden and garage.

Pethybridge Stores has recently undergone an extensive refurbishment programme in both the store and the living accommodation making this an ideal walk in trading opportunity for a family to continue this highly profitable concern.


LOCATION
Pethybridge Stores is located within the large residential community of Ely, on the outskirts of the City of Cardiff, Wales.

Occupying a dominant position on Pethybridge Road in the heart of this lively community. The business benefits from a monopoly trading position, being the only convenience store on this large residential estate. The business is in close proximity to the local school, church and conveniently has a bus stop nearby.

The area has excellent road links with the A48 being the predominant road through the town running to Cardiff city centre. The area has regular bus services and the nearest train station is at Waun-Gron Park a short distance away.

PREMISES
This prominent premise briefly comprises:-

Glass display windows with good clear signage.

Large open plan retail area housing, large serving counter, till, payzone, lottery terminal, cigarette display, fully shelved throughout to suit business, 2 glass top freezers, 6 tall glass fronted drinks chillers and large open fronted food chiller.

To the front is ample street parking.

The owner's accommodation briefly comprises 6 bedrooms, 4 bathrooms, living room, dining room, kitchen, balcony and decking.

There is a lovely garden with private garage.

Access to the owner's accommodation is either via the shop or the rear.

TENURE
We are advised leasehold.
The original lease length is 25 years with 16 years remaining.

Rent is 52,000 per annum.

HOURS
The business opens:-

Monday to Saturday 7.00am - 10.00pm
Sunday 8.00am - 9.00pm

STAFF
The business is owner run and managed with the assistance of 6 members of staff including 4 family members.
FINANCIAL PROFILE
The business reports a fantastic turnover of approximately 820,700, with reported gross profit at circa 19%.

Weekly shop sales 18,500
Summer time weekly shop sales 21,000
Paypoint sales 10,000 per week
Lottery sales 3,000 per week
Net Profit 50,000 per annum
Newspaper bill 450-500


Nearest stations

  • Waun-gron Park (1.0 mi)
  • Fairwater (1.1 mi)
  • Danescourt (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Waun-gron Park (1.0 mi)
  • Fairwater (1.1 mi)
  • Danescourt (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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.

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