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FREEHOLD HOME APPLIANCE SALES & FITTING CENTRE WITH PRIVATE APARTMENT ON BANGOR HIGH STREET
Bangor, Gwynedd
Ref: 116219
Freehold £299,950 plus SAV
Status
For Sale
Key Features
AdvertText
Very long established & highly regarded 'Euronics' centre offering premium quality products & services from spacious & extremely well fitted parade showroom premises with excellent year-round regular & 'walk in' trade on historic coastal city centre commercial High Street. Comes with self-contained 2-bed private apartment in need of refurb & lots of further potential or adaptable to host of alternative retail ventures in prime location. Sensibly priced for genuine retirement sale after very many years successful trading in same hands with valuable inventory of fixtures & fittings included & early viewing essential |REF 2448
Location
The subject property occupies an outstanding and much sought-after trading position among other complementary independent operators on the busy main central commercial High Street of the ancient city of Bangor (“The Oldest City in Wales”) which lies with excellent access both to major tourist routes (A5, A4087 and A55 etc.) and to the nearby Menai Bridge to the Isle of Anglesey, on the delightful and ever-popular North Wales coast.
Business Description
We are delighted to present this fantastic opportunity to acquire the valuable freehold rights to a potential high income producing home of real quality and outstanding future possibilities, which we are confident you will agree represents exceptional value.
This very well established and highly regarded “Euronics” centre currently primarily conducts a popular sales operation of a wide selection of premium quality domestic electrical appliances by market-leading manufacturers.
The store’s products include refrigerators, freezers, washing machines, dishwashers, ovens, hobs, microwaves, fires, vacuum cleaners, kettles and toasters etc., together with an excellent choice of associated accessories and sundries, all displayed to its best advantage in a bright, spacious and secure showroom area.
“Emyr Davies & Co” also provides fast, professional and fully accredited installation and after-sales maintenance and repairs services and would naturally furnish any enthusiastic purchaser with ample scope for continued growth, not least with regard to operating significantly extended hours in order to fully exploit year-round local and passing trade demand.
The business would also benefit greatly by adopting a more vigorous marketing policy of its excellent existing products and services, particularly with reference to further development of its web and social media presence, in order to improve upon the already high levels of turnover it has achieved in the course of very many years’ successful trading in the hands of the current proprietor, with the aid of a small, experienced and motivated team of two full-time staff who would be an asset to any purchaser.
Alternatively, this versatile proposition would most certainly appeal to someone simply seeking that wonderful combination of adaptable premises in which to embark upon any number of other potentially lucrative retail or allied commercial ventures, coupled with a potentially comfortable home in a very convenient and commercially highly desirable coastal city centre setting which promises real quality of life, and we would strongly recommend the earliest possible viewing to avoid disappointment.
This very well established and highly regarded “Euronics” centre currently primarily conducts a popular sales operation of a wide selection of premium quality domestic electrical appliances by market-leading manufacturers.
The store’s products include refrigerators, freezers, washing machines, dishwashers, ovens, hobs, microwaves, fires, vacuum cleaners, kettles and toasters etc., together with an excellent choice of associated accessories and sundries, all displayed to its best advantage in a bright, spacious and secure showroom area.
“Emyr Davies & Co” also provides fast, professional and fully accredited installation and after-sales maintenance and repairs services and would naturally furnish any enthusiastic purchaser with ample scope for continued growth, not least with regard to operating significantly extended hours in order to fully exploit year-round local and passing trade demand.
The business would also benefit greatly by adopting a more vigorous marketing policy of its excellent existing products and services, particularly with reference to further development of its web and social media presence, in order to improve upon the already high levels of turnover it has achieved in the course of very many years’ successful trading in the hands of the current proprietor, with the aid of a small, experienced and motivated team of two full-time staff who would be an asset to any purchaser.
Alternatively, this versatile proposition would most certainly appeal to someone simply seeking that wonderful combination of adaptable premises in which to embark upon any number of other potentially lucrative retail or allied commercial ventures, coupled with a potentially comfortable home in a very convenient and commercially highly desirable coastal city centre setting which promises real quality of life, and we would strongly recommend the earliest possible viewing to avoid disappointment.
Property Description
These substantial TWO STOREY freehold terraced parade premises provide well fitted internal business accommodation to the GROUND FLOOR, which briefly comprises a broad, inviting and glazed, recessed and double-fronted public entrance directly off the High Street into the main, bright, welcoming and deceptively spacious front retail sales and customer service showroom area with diffused fluorescent lighting and industrial non-slip flooring throughout for easy cleaning, which would be eminently adaptable to any number of other potentially lucrative retail or allied commercial ventures subject, of course, to the obtaining of any necessary consents.
The main public area currently affords extensive display space for a wide selection of premium quality domestic electrical appliances, together with well maintained, purpose-built displays for smaller appliances and accessories and a prominent and a fully fitted point-of-sale counter with full complement of payment facilities.
The main front showroom area, in turn, affords access both to an additional rear showroom area and to further ancillary accommodation consisting of a shop kitchen area and all the usual washroom/WC facilities, together with a small, fully furnished and equipped private and general administration office and separate doorway access to the rear.
The premises also enjoy the benefit of electric heating, in addition to the added security benefit of a full ADT alarm system.
Accessed by means of its own separate, self-contained entrance and staircase from ground-floor level, to the FIRST FLOOR the property incorporates potential private living accommodation, which we understand requires a full programme of refurbishment and consists of a lounge and former domestic kitchen area, together with two good-sized bedrooms and a bathroom/WC.
Externally:
To the front the business premises are well signed and attractively presented and afford extensive and inviting, double-fronted display window space onto a bustling coastal city centre commercial High Street, with unrestricted customer parking available locally.
The premises also enjoy the use of private unrestricted off-road parking facilities for one vehicle to the rear.
The main public area currently affords extensive display space for a wide selection of premium quality domestic electrical appliances, together with well maintained, purpose-built displays for smaller appliances and accessories and a prominent and a fully fitted point-of-sale counter with full complement of payment facilities.
The main front showroom area, in turn, affords access both to an additional rear showroom area and to further ancillary accommodation consisting of a shop kitchen area and all the usual washroom/WC facilities, together with a small, fully furnished and equipped private and general administration office and separate doorway access to the rear.
The premises also enjoy the benefit of electric heating, in addition to the added security benefit of a full ADT alarm system.
Accessed by means of its own separate, self-contained entrance and staircase from ground-floor level, to the FIRST FLOOR the property incorporates potential private living accommodation, which we understand requires a full programme of refurbishment and consists of a lounge and former domestic kitchen area, together with two good-sized bedrooms and a bathroom/WC.
Externally:
To the front the business premises are well signed and attractively presented and afford extensive and inviting, double-fronted display window space onto a bustling coastal city centre commercial High Street, with unrestricted customer parking available locally.
The premises also enjoy the use of private unrestricted off-road parking facilities for one vehicle to the rear.
Additional Information
For further information, why not visit the business’ website page at:-
www.euronics.co.uk
www.euronics.co.uk
Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.
Enquire about this business
Kevin Mulhern
HeadOffice
Ref: 116219
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