Retail premises for sale in Menai Bridge, Wales, United Kingdom LL59

Business
Please quote reference B07924

CoGoGo welcomes to the market Siop Llandeg, a highly rated green grocer in Menai Bridge, Gwynedd.

The business was first established by our clients in 2020, building up an excellent reputation and regular customer base during that time. As seen by the online ratings and reviews, the shop is very popular within the local community.

Siop Llandeg has now come to the open market due to our clients desires to move on.

Siop Llandeg is a traditional Green Grocer and Convenience store thats supports local produce which include:-

• Llechwedd Meats


• Central Bakery


• Posh Puds

The premises has an attached dog groomers, which is sublet and generating £6,600 per annum in rent.

Key selling points -

• Well established


• Excellent reputation with fantastic online reviews


• Additional income generated through the sublet

Scope for further growth -

• Extend trading hours


• Increase advertising and marketing


• Explore further social media platforms


• Create a dedicated website for the business

Location
Siop Llandeg is located on Lon Ganol, in Menai Bridge, Gwynedd.

The business occupies a good location, with excellent views of Eryri/Snowdonia.

Premises
Occupies a ground floor unit with an open plan service area

Perimeter shelving and displays, with the service counter at the front of the premises.

Space at the front for external seating

Parking available within the area

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease (4 years remaining as of 2024). The rent is £10,800 per annum.

Hours
The current trading hours are -

Monday to Friday - 7:00am - 7:00pm

Saturday - 8:00am - 7:00pm

Sunday - 8:00am - 4:00pm

Staff
We are advised that the business is run and managed by both owners, with the help of 2 staff member.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £269,000. Further financials can be made available upon request.