Description The property is located in Cardiff, South Glamorgan in a prime location located a very short distance from the Millennium Stadium with many sporting events held on a regular basis. Also surrounding the business are many flats and houses that the business also enjoys the benefit of.
The business offers customers a wide range of off licence, grocery, confectionery, tobacco, newspapers and magazines, frozen and chilled ranges. The business has potential growth with a full time owner operator to increase the current trading hours due to demand in the area as well as news delivery rounds and also Pay Point. There is also potential to introduce an atm within the retail area.
The business enjoys an excellent location with scope to increase and develop the business further. An opportunity not to be missed.
Sales Advised weekly sales circa £3,500.
Accounts Current records and accounts can be inspected when viewing.
Trading hours Monday – Sunday 07:00 – 21:00
Staff Managed by the owners with full/part time staff.
Building External The mid terraced ground floor lock up is surrounded by residential property and is complete with A/C and CCTV. Building internal
The trading area is approximately 800 sqft and is complete with shelving and racking for off licence, confectionery, tobacco, newspapers and magazines, frozen and chilled lines. To the rear is a stock room, kitchen area and W/C.
Residential accommodation There is no residential accommodation for owners/management available.
Tenure We are advised that the business is held on a new lease extension commenced in 2014 for 6 years expiring in 2020 and the annual rent is £9,000 per annum, with a break clause after 3 years in 2017.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary A great trading location with scope for increased turnover this well established business is not to be missed.
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