Off licence for sale in Newport Wales with multiple income streams and high foot traffic

Description

Off Licence for Sale in NewportThis is a prime retail and investment opportunity located on a highly visible and busy main road in Newport, surrounded by complementary trading businesses and strong passing footfall.Property HighlightsThe premises feature an impressive three-shutter frontage providing excellent visibility and street presence. The ground floor comprises a spacious retail unit with three additional storerooms, supported by a mixed-use basement suitable for storage or potential further development.Above the retail space is five-bedroom residential accommodation, currently generating approximately £22,000 per annum.Additional Income StreamsThe business benefits from multiple supplementary revenue sources including Evri parcel services generating approximately £300-£600 per month, and National Lottery sales generating approximately £200-£500 per week, excluding additional uplift from associated grocery sales.Financial OverviewBusiness rates are approximately £400 per month.Weekly turnover has been reported as follows:2023-2024: £14,0002024-2025: £12,000Current: £8,000 per weekSummer trading levels are reported to be higher.Trading HoursThe business operates from 07:00 to 22:00 daily.LeaseA long lease is secured until 2047, providing long-term operational stability.Growth PotentialThere is significant scope for growth through expansion of product lines including vapes, tobacco, premium alcohol and convenience goods. Additional services such as PayPoint and further parcel or postal offerings may also increase revenue. Potential exists to scale turnover substantially with improved product mix and operational focus.Reason for SaleThe current owner is relocating focus to other business interests in London and Portsmouth, creating an opportunity for a new operator to take over and further develop the business.