Retail premises for sale in York Street, Oswestry SY11, £395,000

395,000.00

Offer Nr.:
65593876
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Celt Rowlands & Co
Phone(s):
01691 721953

**Location
**
Oswestry, Shropshire’s third largest town, with a former Borough population of
approximately 33, 0000, and town population of approximately 17, 500, has a
wealth of character and facilities to offer. There are a range of multiple
retailers in the town, to include Boots, Superdrug, W H Smith, Poundland,
Prezzo, Home Bargains, Costa, Greggs and many more. The town has a number of
industries, and in general the town is expanding with more housing and
businesses.
These premises are situated within walking distance of the town centre, in a
long established popular neighbourhood, on the corner of York Street and
Alexandrea Road.
**The business
**
Established by the family in its second generation of ownership, this business
has an extremely loyal customer following, not just from its own
neighbourhood, but from the entirety of the town and beyond. Current turnover
to the year end 2023 is approximately, £14, 500 per week, from the following
general lines of sales.
\ - Ful range of groceries, news and magazines, with deliveries undertaken of
both groceries and newspapers
\ - Sales of fresh bread and savoury items, baked daily, and sourced locally
\ - Chilled and frozen foods
\ - Tabacco, beers, wines and spirits
\ - Confectionery and ice creams
\ - Hot takeaway drinks
\ - Toiletries and household items
\ - Stationery, cards, wrapping paper and small range of hardware
\ - Full lottery and Paypoint
Hours of Trading
Monday – Friday: 6. 30am to 6. 00pm
Saturday: 7. 00am to 6. 00pm
Sunday: 7. 30am to 12. 30pm
Areas of Expansion
This could include: -
\ - Reconfiguration of ancillary accommodation into sales
\ - Variation of stock lines/increased deliveries
\ - Varied opening hours
\ - Establishing a Post Office to satisfy in particular large numbers of
elderly customers
For positively interested parties, accounting and other important information
will be provided.
**The premises
**
Ground and first floor premises of traditional construction, with the
following accommodation.
Ground Floor – Commercial Sales
Return glazed frontage corner entrance.
Front Internal width 4. 65m
Current Shop Depth 13. 5m
Built Depth (Sales and Ancillary) 21. 34m
Solid terrazzo flooring, strip lighting, LED lighting throughout entire ground
(and first floor) fitted with a range of trade fixtures including shelving,
counter with till, central gondola, fridge and freezer cabinets, ice cream
fridge etc.
Total Sales Approximately 64. 10 m. sq. / 690 sq. ft.
Rear Ancillary to include WC, wash basin, access to corridor, side access.
Main Stock Room with single drainer sink unit, fitted kitchen work tops,
cupboards, oven, hob and extractor, various shelving units and cabinets in
situ.
Total floor area 31. 69 m. sq. / 341 sq. ft.
Total approx. Gross Internal Floor Area of Entire Space 95. 79 m. sq. / 1031
sq. ft.
First Floor Apartment
Access from the ground floor sales area, and comprising: -
Kitchen/Small Diner (2. 84m x 3. 0m) single drainer sink unit, electric oven and
hob, extractor hood, work surfaces, cupboards and drawers.
Hallway with inbuilt storage cupboard.
Bedroom One (2. 80m x 3. 70m)
Bedroom Two (1. 83m x 2. 75m)
Sitting Room (4. 71m x 4. 76m) plus bay window, fireplace with electric log
effect fire
Bathroom with WC, wash, basin, panelled bath.
Externally there is a rear open courtyard area to accommodate bins. The
neighbouring property has a right of way to access the garden.
**Freehold price
**
A price to include goodwill, fixtures and fittings and the entire premises,
ground and first floor with rear yard is asked at region £395, 000. Stock will
be at valuation.
_
VAT_ \ - The property is not elected for VAT.
**Business rates
**
The building has a rateable value of £3, 650, and interested parties should
speak to the Local Council – Shropshire Council on, to ascertain what level of
business rates will be applicable. Concessions may apply.
The apartment is believed to be in Council Tax Band A.
**EPC rating
**
Apartment: Rating ‘D’
Retail: To be assessed
confidentially avauilable - viewing strictly via the agents: Celt Rowlands &
Co. On or

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