Retail Property (high street) for sale

90 Glyn Ter - NP22

£119,950

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy convenience store
  • Weekly turnover approx. £2,500
  • Whole property recently refurbished
  • Freehold and leasehold available, viewing very highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent and exciting opportunity to purchase a very well established and recently refurbished convenience store situated in the Gwent town of Tredegar. Glyn Terrace Stores is a business that comes with huge potential to improve on the already improving weekly turnover. The entire property from the business to the residential has over recent years been completely overhauled.

Having successfully operated as a retail outlet for over 80 years and under the current ownership for the last year, this convenience store has become an essential part of the community. The business enjoys an extensive, growing and loyal customer base attracting repeat trade from the immediate vicinity, as well as the high number of visitors to the area.

The business operates from a highly visible single fronted shop premises, which is presented to an excellent standard with a range of fixtures and fittings to go with the sale. The business comes with a 1 bedroom flat, complete with a kitchen, a bathroom and a large living area.

Glyn Terrace Stores continues to be a thriving and lucrative business, which is currently operated by the owners and up to 5 members of staff. This business is an essential piece within the local community and operates 7 days of the week on limited hours. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic individual, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent conveneince store.

These enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximising overall profitability.

This is a first class, high turnover, rare business opportunity with fantastic potential that holds an exciting future for its next owner.

A viewing is therefore highly recommended to avoid disappointment.

Sales
Weekly turnover approx. £2,500.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS

Monday — Saturday 8.30am — 7pm
Sunday 10am — 5pm



STAFF
Operated by the owner and up to 5 members of staff.

Building External
This is a highly visible single fronted terraced premises.

BUILDING INTERNAL
The main serving and till areas are located to the right upon entrance of the business, with the main retail area covering the length and breadth of the lower level of the property, coming with an array of display shelving, 2 chiller cabinets, 1 icecream freezer, 1 upright freezer, 1 fridge and a cigarette gantry. The storage area is located to the rear. The business has the National Lottery, Paypoint and an internal Paypoint and cash machine.

A staff WC is also available.


RESIDENTIAL ACCOMMODATION
This business comes with a 1 bedroom flat above the business. This comes with a kitchen, a bathroom and a living room. There is a large storage area in the roof of the flat.

There is also a garage within the garden area which has roller shutters and can be used as storage.


TENURE
We are advised that the property is available as a freehold, however there is also a leasehold option available

SUMMARY
This is a very rare opportunity to purchase a profitable business with amazing potential to grow the retail section of the business, to enhance for future growth and improvement. To avoid disappointment, a viewing is highly recommended.


Nearest stations

  • Ebbw Vale Parkway (1.6 mi)
  • Ebbw Vale Town (1.7 mi)
  • Pontlottyn (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

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

  • Ebbw Vale Parkway (1.6 mi)
  • Ebbw Vale Town (1.7 mi)
  • Pontlottyn (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

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 44992. 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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