£625,000
Property for saleHigh Street, Narberth SA67
1 bath
1 reception
Freehold
About this property
Established business and freehold premises offered as a going concern
Prominent position on Narberth High Street
Ground-floor shop with separate deli counter and storeroom
One-bedroom first-floor flat
Two-bedroom maisonette
Opportunity to purchase the entire business and two freehold premises
Established food retailer and freehold premises – £625,000 as a going concern
An opportunity to acquire the Narberth operation of Wisebuys, an established independent food retailer and delicatessen, together with its freehold High Street premises and two-bedroom maisonette.
Established in the 1980s, Wisebuys has longstanding roots in Pembrokeshire, with shops in Narberth and Pembroke. The business specialises in quality fresh produce, local foods and delicatessen products, bringing together Welsh suppliers and speciality groceries. Both stores are licensed to sell alcohol and stock an extensive range of spirits, wines and beers, including local and Welsh specialities. Its retail offering is complemented by wholesale trade and seasonal hamper sales, providing a foundation for a purchaser to build upon.
The Narberth premises provide approximately 208.1 sq m (2,241 sq ft) across three floors. The ground floor comprises a substantial shop, separate deli counter and storeroom, with offices and ancillary accommodation above. The first-floor office/storage accommodation was previously used as a one-bedroom flat and offers potential for reinstatement to residential use, providing an additional source of rental income, subject to any necessary consents and works. A separate entrance provides access to the upper floors, including the existing two-bedroom maisonette, which is currently let at £675 per calendar month under a standard occupation contract.
The sale offers the opportunity to continue an established food business, with scope to develop its online, hamper and wholesale activities. Accounts and further business information are available to suitably qualified purchasers, subject to appropriate confidentiality arrangements.
The Narberth business and premises are available individually or together with the Pembroke operation and its freehold premises. Stock will be valued on completion and paid for in addition to the purchase price.
Location
Narberth is a characterful Pembrokeshire market town known for its independent shops, cafés and specialist food retailers. Its colourful High Street and distinctive shopping offer attract local customers and visitors alike. Wisebuys occupies a prominent position within this established retail setting.
Main Shop (9.66m x 7.13m)
Deli Counter (5.58m x 4.24m)
Storeroom (4.56m x 2.45m)
Separate Entrance Hall (1.26m x 1.06m)
Stairs lead up to the first floor offices and residential flat
Office (3.50m x 2.75m)
Office/Storeroom (4.63m x 3.22m)
Kitchen (2.66m x 2.57m)
Bathroom (3.01m x 1.75m)
Living Room (5.28m x 4.43m)
Kitchen (3.24m x 1.51m)
Bedroom (3.78m x 2.69m)
Bedroom (4.24m x 5.61m)
Bathroom (1.75m x 3.01m)
Sale Information
Asking price: £625,000 for the Narberth freehold premises and associated business operation as a going concern. The Pembroke premises and business operation are available separately. Enquiries for the entire business and both premises are also invited.
Further information about what is included in each sale and the proposed terms of transfer is available through the selling agents.
Residential Letting
The two-bedroom maisonette is currently let under a standard occupation contract at £675 per calendar month, equivalent to £8,100 per annum. The sale is subject to the existing occupation contract. Further tenancy information is available through the selling agents.
Stock
Stock is excluded from the asking price and will be valued on completion, with the agreed stock value payable in addition to the purchase price.
Wisebuys Pembroke
Information about the Pembroke store can be found here:
An opportunity to acquire the Narberth operation of Wisebuys, an established independent food retailer and delicatessen, together with its freehold High Street premises and two-bedroom maisonette.
Established in the 1980s, Wisebuys has longstanding roots in Pembrokeshire, with shops in Narberth and Pembroke. The business specialises in quality fresh produce, local foods and delicatessen products, bringing together Welsh suppliers and speciality groceries. Both stores are licensed to sell alcohol and stock an extensive range of spirits, wines and beers, including local and Welsh specialities. Its retail offering is complemented by wholesale trade and seasonal hamper sales, providing a foundation for a purchaser to build upon.
The Narberth premises provide approximately 208.1 sq m (2,241 sq ft) across three floors. The ground floor comprises a substantial shop, separate deli counter and storeroom, with offices and ancillary accommodation above. The first-floor office/storage accommodation was previously used as a one-bedroom flat and offers potential for reinstatement to residential use, providing an additional source of rental income, subject to any necessary consents and works. A separate entrance provides access to the upper floors, including the existing two-bedroom maisonette, which is currently let at £675 per calendar month under a standard occupation contract.
The sale offers the opportunity to continue an established food business, with scope to develop its online, hamper and wholesale activities. Accounts and further business information are available to suitably qualified purchasers, subject to appropriate confidentiality arrangements.
The Narberth business and premises are available individually or together with the Pembroke operation and its freehold premises. Stock will be valued on completion and paid for in addition to the purchase price.
Location
Narberth is a characterful Pembrokeshire market town known for its independent shops, cafés and specialist food retailers. Its colourful High Street and distinctive shopping offer attract local customers and visitors alike. Wisebuys occupies a prominent position within this established retail setting.
Main Shop (9.66m x 7.13m)
Deli Counter (5.58m x 4.24m)
Storeroom (4.56m x 2.45m)
Separate Entrance Hall (1.26m x 1.06m)
Stairs lead up to the first floor offices and residential flat
Office (3.50m x 2.75m)
Office/Storeroom (4.63m x 3.22m)
Kitchen (2.66m x 2.57m)
Bathroom (3.01m x 1.75m)
Living Room (5.28m x 4.43m)
Kitchen (3.24m x 1.51m)
Bedroom (3.78m x 2.69m)
Bedroom (4.24m x 5.61m)
Bathroom (1.75m x 3.01m)
Sale Information
Asking price: £625,000 for the Narberth freehold premises and associated business operation as a going concern. The Pembroke premises and business operation are available separately. Enquiries for the entire business and both premises are also invited.
Further information about what is included in each sale and the proposed terms of transfer is available through the selling agents.
Residential Letting
The two-bedroom maisonette is currently let under a standard occupation contract at £675 per calendar month, equivalent to £8,100 per annum. The sale is subject to the existing occupation contract. Further tenancy information is available through the selling agents.
Stock
Stock is excluded from the asking price and will be valued on completion, with the agreed stock value payable in addition to the purchase price.
Wisebuys Pembroke
Information about the Pembroke store can be found here:
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