Edited 10 months ago
Description
RTA Business Brokers offer you this convenience store plus four-bedroom residence.
Asking Price: HUGE Reduction WAS €925,000 NOW €450,000
The Business
Ideally situated for its commercial purposes on a busy main road, through the densely populated area of Mullingar and with excellent access to the newly constructed National Motorway. This long established concern has become an important focal point of the community in the course of many years by successfully trading and conducting an extremely useful and popular Retail operation of an extensive selection of general and frozen convenience grocery items, together with fresh bought-in bakery and dairy products, an excellent choice of beers, wines and spirits and a range of associated confectionery and tobacco lines.
The store also holds valuable electronic PayZone and ATM cash machine franchises, and would naturally furnish
any enthusiastic purchaser with vast scope for continued growth with regard to further expansion of the retail products and services currently provided. This would also exploit the full potential rental capacity of the property’s extensive private accommodation which is also as desirable. Alternatively, this proposition would certainly appeal to some someone simply looking to increase their existing investment portfolio by the acquisition of a substantial and extremely well located additional freehold property and would be eminently capable of achieving a very healthy return on initial capital outlay, either in terms of rental income from the existing business and private accommodation alike, or future sell-on value after commercial or residential development subject, of course, to the obtaining of any necessary consents.
Financial Information
Turnover previously was 1.3 million per annum
Tenure
Freehold
Current Trading Hours
Monday to Friday 7.30am to 9pm
Saturday 7.30am to 9pm
Sunday 8.30am to 9pm
Property Description
Fitted and presented to high contemporary trade specifications throughout, this well maintained convenient premises occupies an outstanding trading position on a busy main street. This business is inclusive of a Fully Equipped Kitchen with stainless steel worktops, an Ice-cream machine, and a self-sufficient Deli workspace. The store is also fully air conditioned throughout the premises and also has the added security benefits of CCTV monitoring. This business has the added bonus also of a fitted shelved Store room with shutter door, a convenient loading area, staff canteen and a small office which offers access directly from the shop. A staff toilet is also maintained on the premises. Accessed internally from the business premises, or by means of its own separate self-contained entrance with reception hallway to the upper floor, the property also provides an equally high standard of attractively presented and appointed private owner's accommodation which consists of a good-sized living area, four bedrooms, a fully fitted family bathroom/WC a, fully fitted domestic kitchen/breakfast room, quality wall and base storage units, fitted sink unit and a full range of modern appliances.
Externally
Occupying an outstanding trading position on a suburban through road, the business premises are well signed and presented and afford extensive and inviting display window space. Ample Car-Parking to the front and side of the building.
Viewing Arrangements
Interested parties are advised that this is a confidential sale and such members of staff at the premises are not aware that the business is on the market. All arrangements to view are strictly by an appointment through the offices of RTA and no approaches should be made to the owner of the business.
Accountant:
BDM Chartered Accountants
Church Avenue
Mullingar
Co Westmeath
Ireland
Tel. 00 353 44 9340 541
Fax. 00 353 44 934 3703
Email: company@bdm.ie
Contact Agent
Asking Price: HUGE Reduction WAS €925,000 NOW €450,000
The Business
Ideally situated for its commercial purposes on a busy main road, through the densely populated area of Mullingar and with excellent access to the newly constructed National Motorway. This long established concern has become an important focal point of the community in the course of many years by successfully trading and conducting an extremely useful and popular Retail operation of an extensive selection of general and frozen convenience grocery items, together with fresh bought-in bakery and dairy products, an excellent choice of beers, wines and spirits and a range of associated confectionery and tobacco lines.
The store also holds valuable electronic PayZone and ATM cash machine franchises, and would naturally furnish
any enthusiastic purchaser with vast scope for continued growth with regard to further expansion of the retail products and services currently provided. This would also exploit the full potential rental capacity of the property’s extensive private accommodation which is also as desirable. Alternatively, this proposition would certainly appeal to some someone simply looking to increase their existing investment portfolio by the acquisition of a substantial and extremely well located additional freehold property and would be eminently capable of achieving a very healthy return on initial capital outlay, either in terms of rental income from the existing business and private accommodation alike, or future sell-on value after commercial or residential development subject, of course, to the obtaining of any necessary consents.
Financial Information
Turnover previously was 1.3 million per annum
Tenure
Freehold
Current Trading Hours
Monday to Friday 7.30am to 9pm
Saturday 7.30am to 9pm
Sunday 8.30am to 9pm
Property Description
Fitted and presented to high contemporary trade specifications throughout, this well maintained convenient premises occupies an outstanding trading position on a busy main street. This business is inclusive of a Fully Equipped Kitchen with stainless steel worktops, an Ice-cream machine, and a self-sufficient Deli workspace. The store is also fully air conditioned throughout the premises and also has the added security benefits of CCTV monitoring. This business has the added bonus also of a fitted shelved Store room with shutter door, a convenient loading area, staff canteen and a small office which offers access directly from the shop. A staff toilet is also maintained on the premises. Accessed internally from the business premises, or by means of its own separate self-contained entrance with reception hallway to the upper floor, the property also provides an equally high standard of attractively presented and appointed private owner's accommodation which consists of a good-sized living area, four bedrooms, a fully fitted family bathroom/WC a, fully fitted domestic kitchen/breakfast room, quality wall and base storage units, fitted sink unit and a full range of modern appliances.
Externally
Occupying an outstanding trading position on a suburban through road, the business premises are well signed and presented and afford extensive and inviting display window space. Ample Car-Parking to the front and side of the building.
Viewing Arrangements
Interested parties are advised that this is a confidential sale and such members of staff at the premises are not aware that the business is on the market. All arrangements to view are strictly by an appointment through the offices of RTA and no approaches should be made to the owner of the business.
Accountant:
BDM Chartered Accountants
Church Avenue
Mullingar
Co Westmeath
Ireland
Tel. 00 353 44 9340 541
Fax. 00 353 44 934 3703
Email: company@bdm.ie
Features
• A Prime Residential & Commercial Position
• Spacious and Extremely Well Fitted Premises
• Good Consistent Levels of Turnover and Profitability prior to closing due to owner's personal circumstances
• Established Local Reputation and Regular Customer Base
• Comes With Extensive and Highly Adaptable Private Accommodation
Contact Agent
• Spacious and Extremely Well Fitted Premises
• Good Consistent Levels of Turnover and Profitability prior to closing due to owner's personal circumstances
• Established Local Reputation and Regular Customer Base
• Comes With Extensive and Highly Adaptable Private Accommodation
Viewing Details
By appointment only
Interested in this Commercial Property?
Contact the Estate Agent about: Athlone Road, Grange, Mullingar, Co. Westmeath
- Negotiator: Rta
- RTA Business Brokers
- 12-13 Cook Street, Cork City, Cork,
- Phone: 021 4878000 / 01 6488888 / 091 566006
RTA Business Brokers
- RTA Business Brokers
- 12-13 Cook Street, Cork City, Cork,
- Tel: 021 4878000 / 01 6488888 / 091 566006
Contact the Agent:
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