Convenience Store for sale

Today's News, 46 St David's Road, Letterston, Haverfordwest, SA62 5SE

Guide Price £310,000

Property Description

Commercial information

  • Business for sale

Key features

  • Attractive store with substantial upside
  • Income to Y/E 31/3/2017 183,926
  • Retail trading area approximately 700 sq ft
  • Home and income opportunity
  • Prominent corner location in village centre
  • 3 double bedroom owner's accommodation. Energy Rating D

Full description

Tenure: Freehold

Description

The business is arranged in an attractive detached property with a ground floor trading area and three double bedroom owner’s accommodation to the side of the building.

The property is built of traditional brick construction underneath a pitched tiled roof.

The store benefits from gated owner’s driveway with parking at the rear. Customer parking is conveniently located on the road in front of the store.

Deliveries are taken through the front of the store.

Location

Today’s News is situated in a prominent roadside position in the village of Letterston just off the A40, one of Pembrokeshire's main arterial roads between Haverfordwest (the county town of Pembrokeshire) and the ferry terminal at Fishguard.

Internal Details

Today’s News comprises a main ground floor trading area of c.700 sq ft. Behind the counter there is one small storage area and to the rear of the store there are two storage areas with access to the kitchen in the owner’s accommodation.

In the store there is a good range of shelving, several fridges and one chest freezer used to store dairy products, sandwiches and chilled meats. At the sides and rear of the store is a range of shelving for magazines, papers, and greeting cards.

The store also sells a good selection of gifts including candles, ornaments, glasses, commemorative ware, costume jewellery, confectionery, handbags, beach toys and children’s games.

There is one till position and tobacco gantry.

Our clients have installed an intruder alarm in the store.

Fixtures & Fittings

Purchase price includes fixtures and fittings plus stock at valuation.

Owner's Accommodation

The business benefits from sizeable owner’s accommodation which is conveniently located to the side of the store.

The accommodation has its own separate access and would therefore be ideal for either an owner operator or could be let out to create an additional income stream. It briefly comprises an entrance hallway, two reception rooms, kitchen /diner, three double bedrooms and a bathroom.

The property also benefits from a well presented enclosed front and rear garden with a gated driveway for two cars. In addition, there are two good size sheds and an external toilet.

The Opportunity

Today’s News has been successfully run by our clients for approximately 17 years and they are now selling the business in order to retire.

Today’s News offers an excellent ‘home and income’ opportunity for a new entrant into the sector.

It is felt that new hands-on owners will be able to drive business forward by increasing opening hours and introducing offers and alcohol into the store which will increase both turnover and profitability.

The store currently has scratch cards, however it is felt that with a new operator they can upgrade (subject to qualification) to have a National Lottery terminal which will generate higher footfall into the store.

Staff

The business is currently run by our clients and four part-time members of staff.

Trading Information

We are in receipt of the profit and loss accounts for the year ending 31 March 2017. These show an annual turnover of £183,926 with restricted opening hours.

Full profit and loss accounts will be made available to seriously interested parties on request.

Trading Hours

Monday - Friday - 6am - 6pm
Saturday - 6am - 5pm
Sunday - 6am - 1pm

We believe there is potential to increase income and profits with longer opening hours.


More information from this agent

Nearest station

  • Fishguard Harbour (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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.

Floorplans


To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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 station

  • Fishguard Harbour (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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 4710028-fh. 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 Christie & Co , Cardiff. 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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