1. Property photo 1 of 10
  2. Property photo 2 of 10
  3. Property photo 3 of 10

£39,995

Retail premises for sale
Rhyl, Wales, United Kingdom LL18

    Business
    Added on 08/04/2024

    About this property

      Business
      Please quote reference B07969

      Cogogo are pleased to welcome to the market Mario Land, a highly rated East European grocery shop in Rhyl.

      The business was first established by our client's over 5 years ago where they have built a great reputation within the area.

      Mario Land is now being sold, albeit reluctantly and with heavy hearts only due to the vendors wishes to pursue a change of direction, they are keen to see their beloved convenience/ off licence pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

      Key selling points -


      • Great reputation
      • Scope for expansion
      • Repeat trade
      • High footfall location
      • Alcohol licence
      • Social media accounts

      Scope for further growth -


      • Increase working hours
      • Expand marketing and advertising -Leaflet drops in the area
      • Create a business website

      The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owners, who are popular and well respected members of the local community.

      Mario Land is an extremely well stocked business and offers a range of products including;


      • Pickles
      • Diary products
      • Fruit & Veg
      • Smokes meats
      • Cakes
      • Biscuits
      • Alcohol


      Location
      Mario Land is located on Water Street in Rhyl.

      The business has eye catching signage, receiving high levels of footfall and passing trade.

      Premises
      Ground Floor


      • Open plan service area with shelving, display stands
      • Storage
      • WC

      External Area


      • Large bespoke signage
      • Metal security shutters


      Tenure
      The business is being sold on a Leasehold basis with 12 months remaining on the 7 year lear.

      The current rent is £370 per month.

      Hours
      The current trading hours are:

      Monday to Saturday - 10:00am to 8:00pm

      Sunday - Closed

      Staff
      The business is run and managed by our client with the help of 1 staff member.

      Financial Profile
      The business achieved a turnover of £85,000. Full financials can be made available upon further request.

      Mortgage calculator

      Monthly repayment

      £200 per month

      Whole of market comparison

      70+ lenders and 10,000+ products

      How much could I borrow

      In partnership with

      mojo logo

      The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

      More information

      Report this listing