Retail premises for sale in 28 High Street, Port Talbot SA11

£175,000
Interested in this property? Call +44 1204 351867 * or

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Property description

Business
Hilton Smythe welcomes to the market this very well-established Newsagents which has been run by the current owners for the last 11 years. The shop has been in this current location for in excess of 50 years with the present owners now looking towards a well-earned retirement.

They support morning only news delivery rounds and sell cards, tobacco, sweets, National Lottery, together with sundry items and provide ups access.

There is an extensive inventory of fixtures and fittings and potential for further expansion into the rear of the premises if desired.

The sale includes a large three-bedroom owner’s accommodation. This could be let out for an extra monthly income if not required by the purchaser.

Location
Evans news is situated on the busy main high street in Glynneath, Neath within the county borough council of Port Talbot, Wales.

This is a picturesque South wales valley town with a close community of circa 5,500 population.
Premises
An easily managed premises incorporated within a 3 bedroom end terraced house with gas central heating and double glazing.

The total space covers just over 72 sqm.

The layout comprises good sized retail area with counter, servery, racking and shelving display, rear workroom, kitchen and bathroom.

To the first floor there are 3 bedrooms and a shower room. There is also a very useful fully floored loft area which would be great for further storage etc.

To the rear there is an enclosed garden and garage with roller shutter door.
Tenure
We are advised that the business is being sold as a Freehold opportunity.
Hours
Monday 6:00 a.M. To 7.00 p.M.

Tuesday 6:00 a.M. To 7.00 p.M.

Wednesday 6:00 a.M. To 7.00 p.M.

Thursday 6:00 a.M. To 7.00 p.M.

Friday 6.00 a.M. To 7.00 p.M.

Saturday 6.00 a.M. To 7’00 p.M.

Sunday 7.00 a.M. To 1.00 p.M.
Staff
The business is currently run by the owners and 1 other part time member of staff.
Financial profile
The accounting information for the year ended April 2017 shows a turnover of £199,057 with a gross profit of 27%.

According to the voa website the current rateable value is £3,850, however the owners inform me that they benefit from small business rate relief.

Nearby transport

  • Treherbert (6.3 miles)
  • Ynyswen (7.1 miles)
  • Treorchy (7.9 miles)
  • Cardiff Airport (27.0 miles)
  • Bristol Airport (46.3 miles)
  • Exeter International Airport (70.5 miles)
  • Swansea Queens Dock Ferry Terminal (16.0 miles)
  • Cardiff Castle Waterbus Stop (26.2 miles)
  • Taffs Mead Waterbus Stop (26.6 miles)

Nearby schools

View all schools in Neath Port Talbot
  • St Joseph's R.C. (15.9 miles)
  • Oakleigh House School (17.3 miles)
  • Sofrydd C.P. School (21.7 miles)
  • Coleg Elidyr (23.0 miles)
  • Beechwood College (29.1 miles)
  • Foxes Academy (38.1 miles)
  • Cwmnedd Primary School (0.1 miles)
  • YGG Cwm Nedd (0.1 miles)
  • Blaengwrach Primary School (1.2 miles)
Note: Distance is shown as a straight line measurement

Local info for Neath Port Talbot

About the neighbours in SA11

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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