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Commercial property in Tywyn

New instruction £80,000

Wendys Newsagents, 1 Petoria Buildings, High Street
Tywyn, Gwynedd, LL36 9AF

Commercial property in Tywyn

Wendys Newsagents
1 Petoria Buildings
High Street
Tywyn
Gwynedd
LL36 9AF

New instruction

£80,000

Property description

Wendy's News is the only dedicated newsagents in Tywyn. Situated in a prime location on the High Street. Being sold as a profitable going concern. Turnover 2016 £430,000 To include all fixtures and fittings.

Well supported by the local community and holiday visitors alike. Wendy's news offers a rare opportunity to walk in and continue trading.

A life style business that can be run to suit a good quality of life.
If desired the shop can be sold leasehold for £195,000.

Wendy's News has been family run for 25 years and they are now looking to sell the business due to the desire to retire.

The present owner has run the store as a newsagents selling confectionary products, toys, celebration balloons, stationery, gifts, cigarettes, ice creams, beach equipment etc. The business does also offer an Amazon click and collect services and they currently have 14 rounds of home news delivery.

Accounts are available to seriously interested Parties.

It is mid terrace with an ironmongers and pet shop either side. There is a thriving coffee shop across the road and many independent retailers up and down the high street.

There is a bus stop just 1 minute up the road from the property and a train station a short walk away.

Tywyn is a delightful coastal town on the shores of Cardigan Bay. The area is surrounded by the famous Snowdonia National Park which is renowned for its natural beauty, with Talyllyn Lake, Dovey Estuary and Cader Idris nearby. For golfing enthusiasts there is a championship course at nearby Aberdovey. Sailing and all water sports are very popular at both Aberdovey and Tywyn plus sea and river fishing within easy distance.

This is a well-established store that benefits from a loyal repeat trade from the local community and holiday visitors alike. Our client would be willing to offer a hand over period whilst the buyer settles in to ensure a smooth transition. The store comes fully fitted and all equipment required to run the business and is included in the sale. (A complete list is available)

The shop frontage has two picture windows and a door leading to an open plan retail area with perimeter shelving and also central shelving. There is a store room and toilet with wash hand basin to the rear.

RETAIL PREMISES 61 x 20

STORE ROOM 1111 X 710

To the rear there is a small courtyard with two attached store rooms.

CURRENT TRADING HOURS
Monday to Saturday 6 am to 6 pm
Sunday 6 am to 1 pm

ASSESSMENTS The business qualifies for the small business rates relief and these are currently not charged.

TENURE A ten year lease is available.£650.00 pcm

SERVICES Mains water, electricity and main drainage are connected.
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