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Retail premises for sale

£25,995

Oakdale Newsagents, Blackwood NP12

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Property description

Business
Hilton Smythe welcomes to the market Local News. This very well priced and popular community store is easily managed.

It offers a range of products to include newspapers with 14 weekly rounds from Monday to Saturday and 11 on a Sunday, plus various other personal deliveries that the owner organises. They also offer Tobacco, cards, sweets and cards/stationary.

The shop has tremendous potential moving forward and already takes approx. £1500 weekly on papers, £1000 plus on tobacco and an increasing amount on cards/stationary.

There is also great potential to improve the current takings with the re-introduction of alcohol with the renewal of the alcohol license. The store room at the rear would be perfect for this and a great addition to the business.

The shop has been run by the current owner for the last 4 months who has made many improvements, however he is now looking to pursue other business interests.

Location
Local news is situated in Oakdale, Mid Wales. It is a large village in Caerphilly county borough, Wales, 9½ miles north of Caerphilly itself, within the historic boundaries of Monmouthshire. Situated in the Sirhowy valley, it is 1.5 miles east of Blackwood, with which it forms a conurbation.

The business is at the heart of the community, within a busy retail parade with good local support from residents.

At the 2001 census, Oakdale had a population of 4,478.

Oakdale offers a lovely unspoilt location, however easy is within easy reach of the main towns/cities in the region such as Abergavenny, Newport and Cardiff.

Premises
An easily managed premise covering around 33 sqm with the main shop area, rear store/further shop area and external accessed WC.

The main shop houses an ice cream fridge, drinks fridge, slushy machine, cigarette gantry, serving counter with till, racking for cards, pick and mix display and further shelving and racking. It is a lovely small intimate shopping area, which adds to the overall appeal and has much potential for the future.
Tenure
We are advised that the business is being sold as a leasehold opportunity with a 5 year lease. The rent payable is £7,200 per annum.
Hours
Monday 5:00 a.M. To 5.30 p.M.

Tuesday 5:00 a.M. To 5.30 p.M.

Wednesday 5:00 a.M. To 5.30 p.M.

Thursday 5:00 a.M. To 5.30 p.M.

Friday 5.00 a.M. To 5.30 p.M.

Saturday 5.00 a.M. To 5:30 p.M.

Sunday 6.00 a.M. To 1.00 p.M.
Staff
The business is currently run by the owner and his son as a sole trader.
Financial profile
We believe from the current owners that the business turns over around £3,000 per week, with the business getting busier all the time.

According to the voa website the current rateable value is £4,500, however the owners inform me that they benefit from small business rate relief, so have no rates to pay.


What Zoopla users think of Oakdale

Overall rating:

  • currently 4 stars
Very good - 76% (10 ratings)

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 Oakdale:

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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

  • Newbridge (1.8 miles)
  • Gilfach Fargoed (2.1 miles)
  • Pengam (2.3 miles)
  • Cardiff Airport (20.8 miles)
  • Bristol Airport (28.5 miles)
  • Exeter International Airport (66.1 miles)
  • Newport (S Wales) Ferry Terminal (11.7 miles)
  • Cardiff Castle Waterbus Stop (13.6 miles)
  • Taffs Mead Waterbus Stop (14.1 miles)

Nearby schools

View all schools in Caerphilly
  • Sofrydd C.P. School (2.2 miles)
  • Sofrydd Primary (2.2 miles)
  • St Joseph's R.C. (8.1 miles)
  • Beechwood College (19.0 miles)
  • Weston College (24.2 miles)
  • North Somerset Enterprise and Technology College (25.5 miles)
  • Ysgol Gynradd Gymraeg Cwm Derwen (0.2 miles)
  • Rhiw Syr Dafydd Primary School (0.2 miles)
  • Islwyn High School (0.4 miles)
Note: Distances are straight line measurements

Local info for Caerphilly

About the neighbours in NP12

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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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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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