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Spacious Mid Parade Retail Unit to Lease - Available Vacant or as Going Concern

To rent: £16,000.00 Per Annum|1621 Sq Ft|Retail, Office, Offices

PROPERTY DETAILS

TO RENT£16,000.00 Per Annum
SIZE1621 Sq Ft
ADDRESSPost Office, 73 Grand Avenue, Cardiff, South Glamorgan, CF5 4LE
TYPERetail, Office, Offices
TENURETo Let
POSTED ON6th February 2020

DESCRIPTION

Post Office and Convenience Store with Off License 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.

This lease is available with vacant possession or as a going concern. Offers are invited for the business.

Rent £16,000.00 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).

MAY SELL FREEHOLD.

Call for further details.
Viewings
Call David's Homes to discuss terms and arrange a suitable viewing of the premises.

LOCATION

Location: Post Office, 73 Grand Avenue, Cardiff, South Glamorgan, CF5 4LE

Waun-Gron Park (0.8 miles)

Fairwater (1.0 miles)

Danescourt (1.4 miles)

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