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Retail premises for sale

£45,000

10 Church Street, Monmouth NP25

Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business
Hilton Smythe welcomes to the market this very well-established, thriving Greengrocers shop, established in 1988 in the very popular town on Monmouth, supplying good quality fruit and veg and much more.

Although not all their produce is organic, they do stock a good range,

•Fruit,
•Vegetables,
•Milk,
•Eggs,
•Cheese
•Many more dried goods locally produced.
•Wye Valley Cheese from just outside Monmouth,
•Five suppliers of apple juice,
•Honey from the local Kymin,
•Free range eggs from Garway,
•Organic Free-Range Eggs from The Hendre,
•Netherend butter from the Forest of Dean.

The shop is passionately run by the current owner. Offering a very prominent and busy position in this sought-after area.

The business is very busy and extremely well-known offering a great service, having many long term and loyal customers.

They also offer a delivery service which extends to Monmouth, Chepstow and Ross-on-wye and is ripe for further development.

They have a website, found at and a Facebook page, however there is a lot more development that could be carried out in this area, with more time and new ideas, together with new product ideas such as a juice bar.

The hours could also be extended to include, re-opening on Mondays, to take the shop to the next level.

This is a fantastic business with a good turnover and gross profits, which would ideally suit an enthusiastic owner who could push the business forward.

An internal inspection is highly recommended to appreciate the quality and potential on offer.

Location
Munday & Jones is situated in a central position on Church Street, in the very popular town of Monmouth.

Monmouth is the historic county town of Monmouthshire, Wales. It is situated where the River Monnow meets the River Wye, within 2 miles of the border with England.

The town is 30 miles northeast of Cardiff, and 113 miles west of London. It is within the Monmouthshire local authority, and the parliamentary constituency of Monmouth. Monmouth's population in the 2011 census was 10,508. Easy access is gained to all surrounding areas via the A40, A449 and M50.

The business itself is very well established and thriving. It has been run by the current owner for 30 years now and has a great reputation and loyal customer base. He is now looking towards a very well-earned retirement.

Premises
The premises occupy a great position, offering good space which is light and airy and has a very welcoming feel.

The total space is approximately 60 sqm and includes the main shop area with,

•Serving counter,
•Till,
•External display area to the front,
•Kitchen,
•Small rear yard,
•Outside WC,
•Large cellar used as an ideal cold storage area.

Included within the sale, you have a good range of,

•Display shelving,
•Racking,
•Large display chiller,
•Weighing scales and much more.

An internal inspection is a must to appreciate the shop and potential on offer.

Tenure
We are advised that the business is being sold as a Leasehold opportunity with a rolling lease.

The yearly rental is £10,200 per annum.

Hours
Monday Closed
Tuesday 7:00 a.M. To 5.30 p.M.
Wednesday 7:00 a.M. To 5.30 p.M.
Thursday 7:00 a.M. To 5.30 p.M.
Friday 7:00 a.M. To 5.30 p.M.
Saturday 7:00 a.M. To 5:30 p.M.
Sunday Closed

Staff
The business is currently run by the owner and 2 other part time members of staff.

Financial Profile
The accounts show a very healthy turnover of £296,129 for the year to 31st March 2016 with a gross profit of £82,208.

According to the voa website the current rateable value is £11,750, however the owners inform me that they do benefit from small business rate relief

What Zoopla users think of Monmouth

Overall rating:

  • currently 4 stars
Very good - 80% (21 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Monmouth:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Lydney (10.4 miles)
  • Chepstow (12.1 miles)
  • Abergavenny (12.6 miles)
  • Bristol Airport (29.8 miles)
  • Cardiff Airport (39.5 miles)
  • Birmingham International Airport (60.4 miles)
  • Lydney Harbour (11.4 miles)
  • Sharpness Old Docks (11.7 miles)
  • Newport (S Wales) Ferry Terminal (20.6 miles)

Nearby schools

View all schools in Monmouthshire
  • Redbrook Church of England Primary School (2.6 miles)
  • Whitchurch CofE Primary School (4.0 miles)
  • Llangrove CE Academy (4.1 miles)
  • Robert Owen Academy (17.1 miles)
  • Hereford Sixth Form College (17.3 miles)
  • Bristol Futures Academy (25.6 miles)
  • Monmouth Comprehensive School (0.3 miles)
  • Osbaston Church In Wales School (0.5 miles)
  • Kymin View Primary School (0.6 miles)
Note: Distances are straight line measurements

Local info for Monmouthshire

About the neighbours in NP25

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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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