Offers over
£400,000
Retail premises for saleOff License & Convenience S73, Wombwell, South Yorkshire
5 beds
Just added
Business
Freehold
About this property
Established convenience store premises
Three self-contained residential flats
Potential to convert flat into further retail space
Suitable for owner occupation or investment
Convenience store with three self-contained flats plus owners accommodation in Wombwell for Sale
An excellent opportunity to acquire a substantial convenience store investment occupying a prominent trading position within the popular South Yorkshire town of Wombwell. The property comprises a well-established ground floor convenience store together with three self-contained one bed residential flats plus owners accommodation (which could also be self contained if not required), creating a mixed-use asset with significant income and investment potential.
The property is situated just off a busy roundabout in this densely populated residential / industrial area loads of industrial units and residential housing all around.
The ground floor retail premises benefits from strong roadside visibility and serves the surrounding residential community, offering a wide range of everyday convenience goods.
The spacious sales area is well presented and supported by ancillary storage and staff facilities.
There are three double bed self-contained flats (with kitchen, lounge and bathroom) – Flat Two and Flat Three are rented out at £500 per month each (market rent is higher) and the owner occupies Flat One but could be rented out if required. The flat income provides additional income enhancing the overall attractiveness of the investment.
Flat One adjoins the sales shop and could be knocked through (subject to any necessary consents) to provide a substantially larger retail area – viewing essential to appreciate the potential available.
The residential accommodation offers scope for owner occupation, long-term letting or further income generation, subject to the purchaser’s requirements.
Large head high cellar for storage.
Externally yard area with parking for a number of cars.
The shop currently takes £4,500 to £5,000 per week but could do much more, especially with increased retail shop space. Our client currently runs the business himself with his daughter and one member of staff.
This is a rare opportunity to acquire a mixed-use freehold property combining a retail business presence with residential accommodation under one title. The property would suit owner-operators, investors seeking diversified income streams, or developers looking to maximise future potential.
Our client is only selling due to retirement after over 26 years here.
An excellent opportunity to acquire a substantial convenience store investment occupying a prominent trading position within the popular South Yorkshire town of Wombwell. The property comprises a well-established ground floor convenience store together with three self-contained one bed residential flats plus owners accommodation (which could also be self contained if not required), creating a mixed-use asset with significant income and investment potential.
The property is situated just off a busy roundabout in this densely populated residential / industrial area loads of industrial units and residential housing all around.
The ground floor retail premises benefits from strong roadside visibility and serves the surrounding residential community, offering a wide range of everyday convenience goods.
The spacious sales area is well presented and supported by ancillary storage and staff facilities.
There are three double bed self-contained flats (with kitchen, lounge and bathroom) – Flat Two and Flat Three are rented out at £500 per month each (market rent is higher) and the owner occupies Flat One but could be rented out if required. The flat income provides additional income enhancing the overall attractiveness of the investment.
Flat One adjoins the sales shop and could be knocked through (subject to any necessary consents) to provide a substantially larger retail area – viewing essential to appreciate the potential available.
The residential accommodation offers scope for owner occupation, long-term letting or further income generation, subject to the purchaser’s requirements.
Large head high cellar for storage.
Externally yard area with parking for a number of cars.
The shop currently takes £4,500 to £5,000 per week but could do much more, especially with increased retail shop space. Our client currently runs the business himself with his daughter and one member of staff.
This is a rare opportunity to acquire a mixed-use freehold property combining a retail business presence with residential accommodation under one title. The property would suit owner-operators, investors seeking diversified income streams, or developers looking to maximise future potential.
Our client is only selling due to retirement after over 26 years here.
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