The Great Oak Bookshop, 35 Great Oak Street, Llanidloes, Powys, SY18 6BW
For Sale - £215,000 for the Freehold
Residential, Retail, Retail High Street
- Popular and profitable book shop
- Freehold building
- First floor flat
- 176.7 sq m (1,902 sq ft)
Llanidloes is a town on the A470 and B4518 roads in Powys. The town is
positioned in mid Wales, approximately 22.2km (35.8 miles) to the east
The property is located on Great Oak Street, at its western end and
close to the junction with Long Bridge Street. The Old Market Hall is
approximately 30 yards away and neighbouring occupiers include a
variety of local businesses, with a newsagent immediately next door.
Formerly a weaving workshop, the property comprises a period
building of traditional construction with frontage onto Great Oak Street.
The ground floor retail premises is double fronted, with a separate
access to the first floor flat, as well as an additional access to the rear of
The shop provides one predominantly open plan retail space with a
separate sales room to the rear housing the children's books. There is
a two storey barn to the rear of the building which holds all the second
hand books. There is a dry basement area which holds the bargain sales
area. A covered yard area links the main retail space with the barn.
The first floor flat comprises two bedrooms, a sitting room, a kitchen
and a bathroom.
Independently owned and established since 1992, the proprietors stock
all kinds of fiction and non-fiction, new and second hand, including
many local and Welsh books.
Operating with two part-time members of staff and a volunteer
sales person, the bookshop is a popular draw for tourists throughout
the summer months, as well as for a loyal clientele from the wider
environs. The business makes appearances at various exhibitions
and is known for its selection of craft books, as well as a wide variety of
cards. It has also published books on Welsh history.
The business is stocked by Gardiners and enjoys excellent profitability,
with trading accounts available upon request.
The bookshop has for many years served as a venue for folk music
evenings and author events, with authors including, amongst many
others, Jay Griffiths, George Marshall, Ofra Yeshua-Lyth, Gwyn
Griffiths, Kim Gravell, and Trevor Fishlock. Evenings of storytelling an
The Freehold interest in the property is offered for sale together with the business, at an asking price of £215,000 (exclusive). Stock will be priced separately at the date of sale.
Rateable Value 2017/18 £5,800
Rates Payable: due to the government's current policy on rates relief,
there are unlikely to be any rates to pay on the property.
Interested parties should make enquiries to the local authority.