£39,995

Retail premises for sale
Rhyl, Wales, United Kingdom LL18

  • EPC Rating: D

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.

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    Monthly repayment

    £200 per month

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