Going concern business for sale. Inclusive of the freehold property.
Lock up convenience store / off licence & living accommodation.
Three bed end of terrace house. Freehold. All mains services.
C.C.T.V. System. Fixtures / fittings & goodwill included.
Retirement sale due to ill health.
Description location & directions; Barbara Rees Commercial is pleased to offer for sale (due to ill health and the impending retirement of the current proprietor) this going concern business, freehold property, fixtures and fittings and business goodwill, comprising a lock up convenience store / off licence and residential dwelling house.
The property and business is located in Mid Rhondda being in the centre of terraced housing and near to a large comprehensive school. The business serves the needs of the local residents and school children in the morning / lunchtimes and early evening and offers for potential to grow the business via the addition of pay point, lottery / newspapers / magazine sales and extended opening hours.
Staff at our Tonypandy office will provide details local directions following confirmation of an accompanied viewing.
Lock up shop unit; Brick / stone built lock up unit located to the rear of the house and fronting onto a busy link road surrounded by terraced housing and close to the town’s bypass road.
Gross frontage; 9.1m (30 ft) approx depth 5.18m (17ft ).
Internal area; 40.41 Sq mt (435 sq ft) retail sales area / off licence, fully fitted with a serving counter, wall and shelf racking, various chillers and drinks dispensers, cctv system.
Exterior; Covered stores and stock room, side entrance, access to the house.
User; Believed to fall within use class A1 Retail (1987 planning act use class orders Wales as amended).
Rates; rv = £ 1,475-00 extract from the 2017 rating list (Wales sbr relief applies).
Business information; The business trades on a gross profit margin of circa 18% / 19% and accounts are available for confidential inspection at our Tonypandy office. Hours of trade are currently Monday to Friday 8am to 8pm, Saturday 9am to 8pm, Closed Sunday.
Licensing hours; The current premises licence permits alcohol off licence sales between the hours of 8am to 11pm Monday to Saturday & 10am to 10.30pm Sunday.
Residential house; End of terrace two storey / brick / stone construction beneath a tiled roof to provide accommodation comprising of, an entrance hall, lounge, fitted kitchen / diner, three bedrooms, bathroom, gas central heating, double glazing, all mains services.
Lounge; 21’ x 12’9” front facing window, access to the dining room.
Dining room; 12’8” x 8’6” staircase to the first floor, open plan access to the kitchen.
Kitchen; 7’10” x 7’ fitted kitchen, rear facing exit door.
Bedroom one; 16’1” x 12’2” two front facing windows.
Bedroom two; 9’8” x 6’8” side facing window.
Bedroom three; 7’6” 6’ side facing window.
Bathroom; Comprising a bath and shower above, wc and wash hand basin, rear facing window.
Asking price; £ 139,950 to include the freehold property, fixtures and fittings and business goodwill, plus stock at valuation.
General notes; Any information contained herein should be verified by prospective purchasers or their advisers 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 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 proprietors are selling due to their ill health and impending retirement thus providing an opportunity for the new owner increase and grow the business.
Commercial mortgage / business loan; Available subject to status, please ask for an appointment with our independent financial adviser.