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Town Centre Redevelopment Opportunity For Sale

 
Carmarthenshire, South Wales, United Kingdom
 
Advert ref: MS 359
 
FINANCIAL DETAILS
 
Asking price: £750,000
 
Sales revenue: Undisclosed
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership is pleased to offer this rare opportunity to acquire a town centre redevelopment site. Outline planning has been granted for a mixed development of apartments and commercial/retail. (With provision for parking) has been passed by the local planning authority

Due to the convenient location of the complex, within easy walking distance of the town centre and amenities the development could suit retirement use.

The existing retail newsagents, with off license and full lottery service aprrox.500 sq .ft has a GP of circa £100,000 pa.

The new 2,000 sq ft retail unit will provide the opportunity to introduce a full convenience foods operation which will grandly enhance the turnover/profit. When fully operational the estimated value of this new retail unit will be approx. £350,000

Premises:

Existing premises consist of a shop unit and a light industrial unit. The total ground area is approx. 11,000 sq ft .The plan calls for the demolition of these existing properties


GENERAL INFORMATION
 
Property: Freehold

Location
Well located very close to the town centre and all facilities.


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The Business Partnership - South Wales
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30