for sale/to let mark frostick petrol filling station

4
CONTACT rapleys.com 0370 777 6292 FOR SALE/TO LET Petrol Filling Station Gilwern Garage, Crickhowell Road Gilwern, Abergavenny NP7 0DF Mark Frostick 07785 522958 | [email protected] Unopposed petrol station with strong shop in village location On site residential accommodation with rear car park Potential for further growth Fuel Sales 585,321 litres Shop sales circa £843,698 (exc VAT) Annual earnings from Post Office £18,508 Total site area circa 0.16 hectare (0.38 acre) PRICE REDUCED

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Page 1: FOR SALE/TO LET Mark Frostick Petrol Filling Station

CONTACT

rapleys.com 0370 777 6292

FOR SALE/TO LET Petrol Filling Station Gilwern Garage, Crickhowell Road Gilwern, Abergavenny NP7 0DF

Mark Frostick 07785 522958 | [email protected]

Unopposed petrol station with strong shop in village location

On site residential accommodation with rear car park

Potential for further growth

Fuel Sales 585,321 litres

Shop sales circa £843,698 (exc VAT)

Annual earnings from Post Office £18,508

Total site area circa 0.16 hectare (0.38 acre)

PRICE REDUCED

Page 2: FOR SALE/TO LET Mark Frostick Petrol Filling Station

rapleys.com 0370 777 6292

CONTACT

Location The property is located in the village of Gilwern fronting the A4077 close to its junction with the A465. The surrounding area is residential providing a good draw to the store. Gilwern is located to the east of Abergavenny and on the edge of the Brecon Beacons National Park.

Description The property consists of a well established petrol station with two pump islands. The site has recently rebranded and is now trading as Harvest Energy with the shop trading as Lifestyle Express. Internally, the shop has also recently been refurbished and now includes a Post Office Counter along with a good range of convenience goods, coffee machine and ATM. Additionally, there is a one bedroom ground floor flat which the owner currently uses as an office. At first floor there was originally a 1 x 2 bedroom flat and a 1 x 1 bedroom flat. These have been knocked through to form a single 3 bedroom flat, but could easily be reinstated if required.

To the rear of the site is an area of car parking which could provide for an extension to the shop or further residential development, subject to the necessary consents.

Fuel Tie Agreement The site is currently subject to a Platts Plus fuel supply agreement with Harvest for 5 years from April 2015. A copy of the supply agreement is available to seriously interested parties.

Employment Information The successful party will be responsible for the employment of all staff engaged at the property under TUPE regulations. A copy of the employees’ schedule is available.

FOR SALE/TO LET Petrol Filling Station Gilwern Garage, Crickhowell Road Gilwern, Abergavenny NP7 0DF

Mark Frostick 07785 522958 | [email protected]

Page 3: FOR SALE/TO LET Mark Frostick Petrol Filling Station

rapleys.com 0370 777 6292

CONTACT FOR SALE/TO LET Petrol Filling Station Gilwern Garage, Crickhowell Road Gilwern, Abergavenny NP7 0DF

Mark Frostick 07785 522958 | [email protected]

Accommodation The property comprises the following approximate floor areas:

Note: All measurements and areas are approximate and interested parties are advised to independently verify these. Floor areas are in accordance with the RICS Code of Measuring Practice on a net internal basis and, unless otherwise stated, the site area is scaled from the Promap mapping system.

* Does not include ground or first floor flats

Rating The forecourt is listed in the 2010 Valuation List as “Petrol Filling Station and Premises”. Rateable Value £20,500. Please note this is not the rates payable.

Interested parties are advised to make their own enquiries to the local authority regarding the rates liability and any reliefs that may be available.

Further information is also available at www.voa.gov.uk.

Energy Performance Energy Performance Asset Rating: C.

Opening Hours 7.00 am—8.00 pm, 7 days a week.

Sq m Sq ft Retail Area 86.2 928 Office 49.4 532 Total* 135.6 1,460

Hectare Acre Total Site Area 0.16 0.38

Page 4: FOR SALE/TO LET Mark Frostick Petrol Filling Station

rapleys.com 0370 777 6292

CONTACT

Trading Information We have been supplied with the following trading figures:

*Annual equivalent based on last 3 months’ trading (May—July 2016) A further breakdown of the information is available upon request, interested parties must satisfy themselves in all respects in assessing the trading potential of the property. No warranty will be provided.

Potential There are a number of potential options for a new occupier. Whilst we expect fuel and shop sales to continue to mature, an operator could look at extending the shop into the ground floor flat/office, let out the flats and investigate the development potential of the land at the rear. Additionally, opening hours could be increased to improve sales.

VAT All figures quoted are exclusive of Value Added Tax, which will be charged at the prevailing rate.

Terms Our client is looking to dispose of their freehold interest, including the residential element of the site. Price on application. Alternatively, a new FRI lease for a term of at least 15 years. The flats can be excluded if not required.

Viewings & Further Information Viewing strictly by appointment through the sole agent. Additional information available upon request.

FOR SALE/TO LET Petrol Filling Station Gilwern Garage, Crickhowell Road Gilwern, Abergavenny NP7 0DF

Mark Frostick 07785 522958 | [email protected]

Fuel Sales (litres)

Shop Sales approx (excl. VAT)

Average Earnings from Post Office

2016* 585,321 £843,698 £18,508

Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, Huntingdon, PE29 6FG. Regulated by RICS.

Any maps are for identification purposes only and should not be relied upon for accuracy. Reproduced by permission of Geographers A-Z Map Co. Ltd. Licence No. A0203. This product includes mapping data licensed from Ordnance Survey - © Crown Copyright 2001. Licence No. 100017302 and © Crown Copyright, All rights reserved. Licence No. ES 100004619.

Misrepresentation Act: These particulars are produced in good faith and believed to be correct. Neither Rapleys, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of Rapleys or their joint agents has authority to give any representation or warranty in respect of this property. All prices or rents are quoted exclusive of VAT. These particulars were produced in August 2016.