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Bargain Booze & Subway - Maesteg, 142 Commercial Street, Maesteg, CF34 9DW

£150,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Shop turnover circa £8,500 per week
  • Subway turnover circa £2,800 per week
  • Main road, high street position
  • On street parking to the front
  • Circa 1097 square feet sales floor
  • Circa 763 square feet of storage space - Energy rating D
  • Christie & Co Ref: 4710117

Description

Description

Internally the retail trading area extends to approximately 1299 sqft. The trading area is one main section with a central gondola unit through the centre and dedicated chillers around the perimeter of the shop floor. The payment kiosk is located to the right of the entrance and this showcases an array of tobacco products and alcoholic spirits. Meanwhile to the rear of the store there is a staff W.C and stairs leading to the three store rooms which are located on the first floor.

The Subway franchise is located to the rear of the store and includes a full professional fit out in accordance with the franchise requirements including two cold stores and kitchen. There is a seating area for customers to dine in.

Location

The Bargain Booze & Subway is located on Commerical Street in Maesteg which is a town in South Wales. According to the 2021 census, Maesteg had a population of 17,042 people. Maesteg lies at the northern most end of the Lunfi Valley close to the boarder of Neath Port Talbot. The local accessible towns are Glyncorrwg (5 miles), Port Talbot (5 miles) and Cefn Cribwr (5 miles). The bus route is served by several routes, including the 14 and 50 routes which connect it to Bridgend. The area of Commercial Street provides a wide variety of amenities including but not limited to; public houses, restaurants, bars, medical institutions and access to green space. The local primary and secondary school are within close proximity 300 and 600 yards away respectively.

Fixtures & Fittings

We are advised that all shop fixtures and fittings are included in the sale - subject to a confirmation itinerary.

The Opportunity

Presenting a fabulous opportunity to acquire a well run off licence and Subway franchise. A spacious store with a consistent turnover which would suit both an established multi operator or first-time owner. There is not any owner accommodation available for this opportunity.

Staff

There are nine staff that will transfer under TUPE.

Trading Information

Current trading figures shows average shop sales of £8,500 per week and average Subway sales of £2,800 per week.

Trading Hours

Store: Monday to Saturday 7am - 10pm, Sunday 8am - 8pm.
Subway: Monday to Sunday 9am to 8pm

Tenure

Leasehold - A renewable lease with 13 years remaining and a current rent of £13,500.

Business Rates

The rateable value as of April 2023 is £6,800.

Brochures

Bargain Booze & Subway - Maesteg, 142 Commercial Street, Maesteg, CF34 9DW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maesteg Station0.3 miles
  • Maesteg Ewenny Road Station0.5 miles
  • Garth Mid-Glamorgan Station1.1 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

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 discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 4710117-lh. 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, Retail. 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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