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MIXED USE PROPERTY - NEWSAGENTS & FLAT - MID RHONDDA
Barbara Rees - 01443 405222
NEWSAGENTS BRITHWEUNYDD RD TREALAW, TREALAW,
Price : £ 77,500 [convert]

Number of bedrooms : 2
Details :

MAIN FEATURES:
FOR SALE AS A GOING CONCERN NEWSAGENTS & GENERAL STORE
MAIN ROAD LOCATION MID RHONDDA AREA
FREEHOLD PROPERTY
GROUND FLOOR SHOP UNIT
FIRST FLOOR FLAT
ESTABLISHED BUSINESS WITH POTENTIAL TO INCREASE SALES

DESCRIPTION, LOCATION; This is a well established going concern business being offered for sale, inclusive of the freehold property, fixtures and fittings and business goodwill, plus stock at valuation.

The business has been successfully run and managed by the current proprietor with sales being derived from local and regular clientele, as well as passing trade.

In addition to the established retailing of newspapers, magazines, stationery, cigarettes, confectionery and general provisions, potential exists to increase and grow the business via a well stocked off licence and a wider range of products.

The property fronts directly onto a busy main road with car parking available outside, or in the adjacent side street.

VIEWING & DIRECTIONS; Prospective purchasers are requested to respect the seller's confidentiality and not make any direct approach to the proprietor, as this will simply result in referral back to the office of Barbara Rees, the sole selling agent, who will arrange and accompany any interested party, via a pre arranged viewing appointment.

Local directions will also be provided through the Tonypandy office of Barbara Rees.

THE PROPERTY & BUSINESS; Gross frontage 5.94m ( 19'6") wooden framed shop display window with security roller shutters, self contained side entrance to the flat, security alarm system.

RETAIL SALES; 42.13m2 (453.5 sq ft approx) lock up shop unit, serving counter, wall display units and shelving, various fridges / freezer / stock cabinets.

STORES / OFFICE / STAFF ROOM; 15.7m2 (169 sq ft approx) comprising two rooms to the rear of the ground floor shop.

BUSINESS HOURS; Monday to Friday 6am to 7pm, Saturday 6am to 6pm, Sunday 7am to 5pm.

BUSINESS INFORMATION; The most recent accounts record annual sales of circa £117,000 and a gross profit of 14% plus. The weekly news bill is around £400 per week and there are eight morning paper rounds. Accounts are available for confidential inspection via our Tonypandy office.

INVENTORY; The business is to be sold as seen and viewed, inclusive of the inventory and a detailed copy of the same, will be made available via the acting solicitors.

NATIONAL NON DOMESTIC RATES & COUNCIL TAX; RV £1,850-00 (2010 Rating List). Council Tax Band A (First floor flat).

RESIDENTIAL PARTS; Self contained first floor flat to include a lounge, two bedrooms, a fitted kitchen and bathroom, plus an enclosed rear courtyard. The flat is currently let via the terms of an assured short-hold tenancy producing circa £300 p/c/m.

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 2003 require us to obtain both personal and residence identification from all purchasers where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. The vendor has verbally informed us that the property is of freehold tenure and has the benefit of all mains services although this should be confirmed by the acting solicitors. The seller advises that the property and business can be sold with vacant possession of the first floor flat if so required.

ASKING PRICE & OFFERS; £ 77,500 plus s.a.v. All offers are to be made in writing to the Tonypandy offices of barbara Rees and prior to the issue of sale instructions to the acting solicitors, the buyer will be required to furnish Barbara Rees with formal confirmation of the purchasing arrangements.

MORTGAGE; Available subject to status via our associated and Independent Commercial Mortgage Broker.

Disclaimer

Property reference 249060 : MIXED USE PROPERTY - NEWSAGENTS & FLAT - MID RHONDDA. The information displayed about this property comprises a property advertisement. Chainfree.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Chainfree.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barbara Rees . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.



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