Property Details

 
£26,200 pa
Grand Avenue, Ely, Cardiff CF5 4LE
    • New Lease Available
    • Busy Post Office with Off Licence
    • Includes Spacious Flat Above
    • Full Store Inventory
    • circa 1621 sqft
    • Excellent Income
    • Large retail area
    • Next Door to Greggs
    • Garage to Rear
    • Accounts Available
    • Highly Recommended
     
    Post Office and Convenience Store with Off License and Accommodation newly available for Lease. This well-established business opportunity has an excellent turnover with supporting accounts and is situated in an ideal trading position immediately next door to a 'Greggs' the bakers. The ground floor is an excellent size, circa 1621 sqft.

    Premium Required: £90,000.
    Rent £26,200. per annum.
    Agency Fees Apply.
    New Lease to be granted.

    PARTICULARS:

    GROUND FLOOR
    The Ground Floor comprises a busy Post Office and convenience store with off-license serving the densely populated Ely area. As well as an extensive selection of commercial refrigerators, freezers, displays and shelving, etc., the store offers groceries, stationary, cards, lottery, paystation, and a 24 hour ATM. The Post Office has two counters and is situated to the rear of the convenience store. The is a further counter at the front of the retail area.
    The auxiliary areas include a kitchenette, office room, staff W.C., and a well-proportioned rear garage.

    Annual Combined Turnover for Post Office & Convenience Store circa £488,000.
    Post Office Net of VAT circa £49,000. pa.
    Convenience Store: Net of VAT circa £439,000.
    Net profit: circa £75,000. (without wages).

    FIRST FLOOR
    The first floor has a spacious two bedroom apartment with separate access. The property comprises two treble-bedrooms, fitted kitchen, lounge, bathroom and W.C.; there is full double glazing and gas central heating. This apartment is presented to a high standard throughout and may be suitable for either letting or indeed for an owner occupier.

    The entire property is For Lease, inclusive of the business. Stock will be available at SAV.

    MAY SELL FREEHOLD.

    Call for further details.
    Viewings
    Call David's Homes to discuss terms and arrange a suitable viewing of the premises.
    Please note
    We understand the property is Freehold, though this must be verified by any interested parties' legal representative.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.
     
     
     

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