Retail premises for sale in High Street, Treorchy CF42
£399,950
Business for sale
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Retail premises for sale
Property description
Main features:
Freehold property.
Comprising a modern shop unit.
Plus two income producing self contained flats.
Profitable & well established going concern business.
Busy award winning town centre location with high footfall.
Description & location; Upon the instructions of the retiring proprietor, Barbara Rees Commercial is pleased to offer for sale, this busy, well established and profitable, going concern business comprising a modern freehold property, two self contained residential flats, additional rear land with a storage unit, plus the modern, well equipped and stocked, pet and garden supplies business, that successfully trades from the ground floor retail unit.
The property and business is located in a prime high street location in an award winning town centre in Rhondda Cynon Taff, where the high street has full occupancy and is represented by a healthy mix of national retailers, including, Iceland, Boots, Superdrug, Tui, Greggs, many local traders, several food, leisure and office users, plus a branch of the Principality Building Society and a nearby Co-operative and Lidl store.
Viewing & directions; Strictly accompanied viewing only, by prior appointment via Barbara Rees Commercial and local directions will be provided following confirmation of viewing.
The property; Brick / stone construction / slate roof, three storey mixed use / retail / residential with a modern display window shop front / security roller shutters and direct access of the high street.
Ground floor; 115.47 sq mt (1,242 sq ft) retail sales / stores / staff room, fitted shelving and gondola display units, acoustic tiled ceiling with diffused lighting, CCTV & alarm systems, rear delivery access. Separate access to the upper parts flats.
Exterior; Enclosed secure compound with a partially covered concrete surface area, rear delivery access and an additional plot of land with a storage container.
User; Believed to fall within use class A1 (1987 planning act use class orders as amended).
National non domestic rates; rv = £ 9,680, multiplier = 0.535 (extract taken from the 2023 rating list), Local authority Rhondda Cynon Taff.
Energy rating; Ground floor shop = C / 73.
Upper parts; Two modern, self contained residential flats arranged over two floors, currently let and income producing.
User; Believed to fall within use class C3 (1987 planning act use class orders Wales, as amended).
Flat one; 68 sq mt ( 732 sq ft ) Lobby / entrance hall, lounge, two bedrooms, fitted kitchen, bathroom, G.C.H. & D.G.
Passing rent £ 450-00 p/c/m.
Energy rating = E / 50. Potential = C / 73.
Flat two; 68 sq mt ( 732 sq ft) Lobby / entrance hall, lounge two bedrooms fitted kitchen, bathroom, G.C.H. & D.G.
Passing rent £ 425-00 p/c/m.
Energy rating = E / 52. Potential = C / 73.
Business hours; 9am to 5pm Monday, Tuesday Wednesday. 9am to 1pm Thursday. 9am to 3pm Saturday.
Business information; The most recent accounts records turnover in excess of £258k with a gross profit margin of 26.54%. Full financial & staff information is available for confidential inspection, upon request to Barbara Rees Commercial.
General notes; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property has the benefit of all mains services although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser / tenant or via the acting solicitors. The current residential tenants have expressed a wish to remain in occupation post sale.
Asking price; £ 399,950 (sale to include the freehold property, fixtures & fittings & goodwill plus sav).
Commercial mortgage / business loan; Available subject to status, please ask for an appointment with our independent financial advisor.
Freehold property.
Comprising a modern shop unit.
Plus two income producing self contained flats.
Profitable & well established going concern business.
Busy award winning town centre location with high footfall.
Description & location; Upon the instructions of the retiring proprietor, Barbara Rees Commercial is pleased to offer for sale, this busy, well established and profitable, going concern business comprising a modern freehold property, two self contained residential flats, additional rear land with a storage unit, plus the modern, well equipped and stocked, pet and garden supplies business, that successfully trades from the ground floor retail unit.
The property and business is located in a prime high street location in an award winning town centre in Rhondda Cynon Taff, where the high street has full occupancy and is represented by a healthy mix of national retailers, including, Iceland, Boots, Superdrug, Tui, Greggs, many local traders, several food, leisure and office users, plus a branch of the Principality Building Society and a nearby Co-operative and Lidl store.
Viewing & directions; Strictly accompanied viewing only, by prior appointment via Barbara Rees Commercial and local directions will be provided following confirmation of viewing.
The property; Brick / stone construction / slate roof, three storey mixed use / retail / residential with a modern display window shop front / security roller shutters and direct access of the high street.
Ground floor; 115.47 sq mt (1,242 sq ft) retail sales / stores / staff room, fitted shelving and gondola display units, acoustic tiled ceiling with diffused lighting, CCTV & alarm systems, rear delivery access. Separate access to the upper parts flats.
Exterior; Enclosed secure compound with a partially covered concrete surface area, rear delivery access and an additional plot of land with a storage container.
User; Believed to fall within use class A1 (1987 planning act use class orders as amended).
National non domestic rates; rv = £ 9,680, multiplier = 0.535 (extract taken from the 2023 rating list), Local authority Rhondda Cynon Taff.
Energy rating; Ground floor shop = C / 73.
Upper parts; Two modern, self contained residential flats arranged over two floors, currently let and income producing.
User; Believed to fall within use class C3 (1987 planning act use class orders Wales, as amended).
Flat one; 68 sq mt ( 732 sq ft ) Lobby / entrance hall, lounge, two bedrooms, fitted kitchen, bathroom, G.C.H. & D.G.
Passing rent £ 450-00 p/c/m.
Energy rating = E / 50. Potential = C / 73.
Flat two; 68 sq mt ( 732 sq ft) Lobby / entrance hall, lounge two bedrooms fitted kitchen, bathroom, G.C.H. & D.G.
Passing rent £ 425-00 p/c/m.
Energy rating = E / 52. Potential = C / 73.
Business hours; 9am to 5pm Monday, Tuesday Wednesday. 9am to 1pm Thursday. 9am to 3pm Saturday.
Business information; The most recent accounts records turnover in excess of £258k with a gross profit margin of 26.54%. Full financial & staff information is available for confidential inspection, upon request to Barbara Rees Commercial.
General notes; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property has the benefit of all mains services although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser / tenant or via the acting solicitors. The current residential tenants have expressed a wish to remain in occupation post sale.
Asking price; £ 399,950 (sale to include the freehold property, fixtures & fittings & goodwill plus sav).
Commercial mortgage / business loan; Available subject to status, please ask for an appointment with our independent financial advisor.
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For more information about this property, please contact
Barbara Rees Estate Agents, CF40 on +44 1443 308034 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barbara Rees Estate Agents, and do not constitute property particulars. Please contact Barbara Rees Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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