Skip to content

Caersws Post Office & Premier, Station Road, Caersws, United Kingdom, SY17 5EQ

£450,000

Business rates & charges may apply

Christie & Co, Bristol
SECTOR
Convenience store for sale

Key features

  • Shop sales pre Covid-19 c.£13,655 per week
  • Post Office income Y/E 24/12/2020: £14,808
  • Four bed house included, currently let
  • Retail area c.108 m². Refurbished in 2021
  • Free to use parking with 15+ spaces
  • Premier shop supply expires 23.03.24. Energy Rating C
  • Christie & Co Ref: 4710095

Property description

Tenure: Freehold

Description

Caersws Post Office & Premier has been owned and operated by our client since 2016 and they are now looking to sell and retire.

With a large prominent shop front, the store benefits from repeat trade all year round and is ideally situated close to commercial and residential buildings.

The business is well established, ideally located and offers a great platform for a new owner to take charge and look to take advantage of the huge potential it offers.

Deliveries are taken through the front and side of the store, there is shared on street parking directly in front of the property and a free to use community car park with space for 15+ cars to the rear. There is a roller shutter on the main entrance door.

Location

Caersws Post Office & Premier is centrally located in Caersws, mid Wales. approximately 36 miles south west of Shrewsbury and 36 miles north east of Aberystwyth.

The store benefits from an excellent corner location on a busy street with a number of other businesses close by, including a takeaway, pubs, hotels and a butchers, all of which drive footfall to the store. The main train station is located 0.1 miles from the store.

Internal Details

The store is in great condition and offers the customer a good experience with well laid out shelving, large fridges and freezers for a wide range of products stocked. There is a Café Lavista coffee machine and fwip ice cream machine, with a seating area for customers.

There is a freestanding sales counter with two points of sale for the shop and one Post Office combi position. The National Lottery/scratch card terminal is located on the main sales counter with alcohol display shelving and tobacco gantry behind the counter.

The store also benefits from CCTV and an alarm system. There is an office, staff toilet, kitchen area, with a bake off oven and a walk in chiller also in the store room. Click here to take a virtual tour of the property.

Fixtures & Fittings

Fixtures and fittings are owned outright and included in the sale with the exception of the fwip ice cream machine, which is in addition to the asking price.

External Details

There is a private garden to the rear.

Owner's Accommodation

Located on two floors adjacent to the store, the accommodation benefits from its own separate access. The house briefly comprises an entrance hallway, living room, dining room, and kitchen. To the first floor there are four double bedrooms, a bathroom and a study.

There is a large private garden to the rear. The accommodation is currently let out producing £6,000 per annum.

The Opportunity

There is the opportunity to introduce a variety of product ranges and promotions and further extend the hot food and drink options to help increase turnover and gross profit margins. The store offers scope to increase trade through longer opening hours.

Staff

The store is currently run by the owner with the assistance of five part time members of staff, who will transfer with the business under TUPE regulations.

Trading Information

The accounts for Y/E 30 September 2020 show sales of £409,406 per annum with a healthy gross profit margin of around 23%, highlighting the fact that premium pricing is achievable due to the store's location.

It should be noted that the accounts for Y/E 30 September 2020 were heavily impacted by Covid-19.

We are in receipt of full profit and loss accounts which will be made available to seriously interested parties on request.

Trading Hours

Monday-Saturday: 7.30am-8pm
Sunday: 7.30am-5pm

Business Rates

The business currently qualifies for full rates exemption.

Regulatory

Premises Licence until 11pm Monday-Sunday.

Energy Performance Certificates

EPC 1

Brochures

Caersws Post Office & Premier, Station Road, Caersws, United Kingdom, SY17 5EQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Caersws Station0.1 miles
  • Newtown Station5.0 miles

About Christie & Co, Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

More properties from Christie & Co, Bristol

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4710095-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, Bristol. 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.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.