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Retail premises for sale

£25,000

Manchester House, Presteigne LD8

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Property description

Business
Hilton Smythe welcomes to the market this very well priced and popular community store easily managed from extremely well fitted & presented character parade premises, offering a low rent and a wonderful lifestyle setting, situated on charming rural town centre High Street with excellent year-round regular passing trade, with huge scope for retail expansion and extended hours.

The shop has been run by the current owner for 2 years.

The shop presently sells newspapers/magazines, stationary, books, sweets/confectionary and tobacco.

As mentioned the shop still has further potential with longer opening hours and a greater range of product.

Location
Winnie's is situated on the busy main high street in Presteigne, a small town in Powys, Wales.

Presteigne, was once the county town of Radnorshire and nestles at the heart of the Marches on the border of Wales and England. Surrounded by devastatingly beautiful, unspoilt countryside, this thriving border town has many unique qualities that make it both a perfect destination and a base from which to explore.

Set alongside the river Lugg, at the corner of the three counties of Shropshire, Herefordshire and Powys, is within a short drive from Hay on Wye, Hereford, Ludlow and Shrewsbury. Just over an hour and a half from Birmingham and the beautiful coastline of West Wales.
Premises
An easily manageable premise covering around 27 sqm with the main shop area, rear store/kitchen and WC.

The main shop houses: -

Fridge

Cigarette gantry

Digital till

Racking for cards

Pick and mix display

Further shelving and racking

It is a lovely intimate shopping area, which adds to the overall appeal.

The shop does particularly well with the sale of local books; this is an area in which the owner believes investment could be made.
Tenure
We are advised that the business is being sold as a Leasehold opportunity.

With a 7 year lease.

The rent payable is £3,996 per annum.
Hours
Monday: 6:00 a.M. To 5.00 p.M.

Tuesday: 6:00 a.M. To 5.00 p.M.

Wednesday: 6:00 a.M. To 5.00 p.M.

Thursday: 6:00 a.M. To 1.00 p.M.

Friday: 6.00 a.M. To 5.00 p.M.

Saturday: 6.00 a.M. To 1:00 p.M.

Sunday: 7.00 a.M. To 12.00 p.M.
Staff
The business is currently run by the owner as a sole trader.
Financial profile
The accounting information for the year ending 2017 shows a turnover of £194,000 with a gross profit of 20%.

According to the voa website the current rateable value is £3,400, however the owners inform me that they are exempt from paying rates.

What Zoopla users think of Presteigne

Overall rating:

  • currently 3.5 stars
Good - 69%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Presteigne:

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Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Knighton (5.1 miles)
  • Bucknell (6.3 miles)
  • Knucklas (7.0 miles)
  • Birmingham International Airport (54.6 miles)
  • Cardiff Airport (62.4 miles)
  • Bristol Airport (62.9 miles)
  • Sharpness Old Docks (44.1 miles)
  • Lydney Harbour (44.5 miles)
  • Newport (S Wales) Ferry Terminal (49.1 miles)

Nearby schools

View all schools in Powys
  • Kington Primary School (5.0 miles)
  • Shobdon Primary School (5.5 miles)
  • Pembridge CofE Primary School (6.2 miles)
  • Saint Michael's College (16.7 miles)
  • Royal National College for the Blind (19.1 miles)
  • Robert Owen Academy (19.3 miles)
  • Presteigne C.P. School (0.2 miles)
  • Knighton C.I.W. School (4.9 miles)
  • Lady Hawkins' School (5.1 miles)
Note: Distances are straight line measurements

Local info for Powys

About the neighbours in LD8

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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