Business for Sale in Strong trading position in the heart of this established valleys town BACK TO MARKET: GOOD CHIP SHOP/TAKEAWAY WITH 2 BED FLAT, BLAENAU GWENT
Key Information
- Reference
- INV35916J
- Tenure
- Freehold
- Status
- For Sale
- Region
- Gwent
- Sector
- Fish & Chip Shops
- Weekly Sales
- £3,000.00 Exc. VAT
- Rent Payable
- N/A
- Business Rates
- NIL ADVISED PAYABLE CURRENTLY
- Accommodation
- 2 bed flat (could be easily self contained if so required)
- LONG ESTABLISED CHIP SHOP BUSINESS
- STRONG YEAR ROUND TRADING POSITION
- 2 BED FLAT ABOVE (IDEAL FOR OWNERS OR LETTING)
- ADVISED TRADING UNTIL HANDOVER COMPLETES
- NEW RANGE ADVISED INSTALLED MARCH 2024
- RETIREMENT SALE OPPORTUNITY
- SENSIBLE FREEHOLD SALE ASKING PRICE
Business Information
Long Established chip shop/takeaway with the bonus of a 2 bed flat above and brand new range installed (advised by vendors as March 2024).
Our vendors purchased the business/property some 20 years ago and after a few years operating it themselves, they then let out the business to a gentleman whom remained running it up until appx December 2024.
This previous tenant (from Bristol) leaving, coupled to the age of our vendors (and their wish to retire) has now made them decide to offer this excellent opportunity out to the market for sale, at what is a very sensible freehold asking price.
Our vendors have advised that they have been operating the business (since the tenant left) as much as possible and that they will also remain in place until new owners take over, thus making for a smooth transition!
The previous tenant was advised by our vendors as paying them £17,000 p.a rent (shop + flat) and that they apparently achieved sales of around £3,000 per week from their relatively short trading hours of Mon-Sat 12 noon-8pm only.
The business also currently has nil business rates payable advised!
Situated in the heart of a year round trading valleys town, this versatile premises is therefore felt ripe for further trade enhancement and for possible additional rental income stream from letting the flat (subject to consents).
The premises/business certainly lends itself to operating longer hours, perhaps opening on Sundays, offering new lines and would also possibly suit a number of takeaway cuisine styles.
All in all, this is a good opportunity, offered at a sensible freehold asking price, felt ideal for new entrants to this sector, for established chip shop/takeaway operators, or for investors looking for potential multi income stream opportunities.
EPC Rating Shop: C
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South, Mid & West Wales
Your Regional Director Mark Harrison
South, Mid & West Wales
PO BOX 156
Cwmbran
NP44 9EA