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#Business ID: 16782

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Kittle Village Stores Near Swansea SA3 3JG

Business Location: Swansea, West Glamorgan, Wales

Asking Price: £ 579,999 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Falcon Commercial are delighted to offer for sale this established Post Office and Convenience Store which enjoys all the considerable commercial and private advantages of a widely unopposed trading position in the very select village of Kittle, which lies close to Bishopstown and the main A4118 to Swansea in a delightful rural area of the Gower Peninsula.

Operating from substantial, secure and well fitted detached premises of real charm and character, the business has become an important focal point of the community in the course of many years’ highly successful trading by providing a useful range of traditional sub-Post Office services for local residents, which naturally generates considerable extra trade for a highly complementary retail operation of an extensive selection of general and frozen convenience grocery items.

“Kittle Village Stores” also stocks an excellent choice of associated fresh bought in bakery and dairy products, together with traditional news, confectionery and tobacco lines and a range of beers, wines and spirits, all displayed to its very best advantage in a bright, spacious and well-appointed mini-supermarket-style showroom area. The store additionally supports two morning-only news delivery rounds and would naturally furnish any enthusiastic purchaser with vast scope for continued growth, not least with regard to still further expansion of the retail products and services currently provided and to exploiting all the on-going development potential of the property’s generous surrounding grounds.

The business would also benefit greatly by operating considerably extended retail hours in order to improve upon the already excellent levels of turnover and profitability it is achieving in the hands of a husband and wife partnership, with the aid only of a small pool of news delivery assistants. Early negotiations with Falcon Commercial come highly recommended.

The Premises

Occupying a highly visible trading position with little in the way of direct local competition on a charming rural village through road which generates a high volume of year-round passing trade, to the exterior the business premises are well signed and attractively presented and are situated in generous surrounding grounds. The TWO-STOREY FREEHOLD DETACHED CHARACTER PREMISES is fitted and presented to the highest trade specifications throughout. These substantial and extremely well maintained provide truly outstanding internal business accommodation which enjoys the added security benefits of internal CCTV monitoring, together with full private and Post Office-approved Redcare alarm systems as well as having the benefit of double glazing and a modern gas central heating system throughout. The premise briefly comprises:

GROUND FLOOR

Private paved pathway from Pennard Road
Part Glazed double entrance door
Open-planned retail sales and customer service showroom area set out in mini-supermarket style with tiled flooring throughout for easy cleaning, suspended ceiling and diffused fluorescent lighting, which houses a full range of modern, high quality fixed and freestanding display furniture and shelving in addition to various refrigerated and frozen display cabinets, a prominent central display aisle, 1 x ice cream conservator, ample periodical racking
Display point-of-sale counter area with off-license section, tobacco gantry, electronic tillpoint.
Sub-Post Office counter area with parcel weighing facilities, computerized serving position and electronic utility payment facilities etc.
general dry goods store
Store room
Post Office Strong room/Office
Washroom/WC facilities
Separate Owners Accommodation

Ground Floor

Domestic kitchen/breakfast room housing ample work surfaces, quality wall and base storage units, fitted sink units and a full range of modern appliances
Utility room
Private cloakroom/WC.
First Floor

Master bedroom with fully-fitted private en-suite facilities
Three double bedrooms
Family bathroom/WC
Shower room
External

Enclosed service yard
Garden area laid to lawn
Private off road parking facilities
Double garage
Financial Information

Post Office Salary £17,000. Current retail turnover in excess of £240,000 per annum, with huge scope to increase GP circa 20%. News sheet £750 per week at cost.

Business Rates and Council Tax

We are advised that the property currently enjoys 100% rural Business Rates relief and the Council Tax is approximately £1,143 per annum.

Trading Hours

Monday to Saturday 7.30am to 7.00pm

Sunday 8.30am to 5.00pm

Property Details

Property Type:

Real

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