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/confectionery 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.
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