Retail premises for sale in Bute Street, Treorchy CF42

£161,000
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Retail premises for sale

Property description

Main features:
Long established & well respected business.
Sale to include; the freehold property, fixtures & fittings, goodwill, plus S.A.V.
Prime main road (Treorchy) location.
Ground floor 65.4 sq mt (703.70 sq ft).
Upper parts 47 sq mt (505.72 sq ft).

Description location & directions; Upon the instructions of the retiring proprietor, Barbara Rees Commercial is pleased to offer for sale, this long established and well respected, traditional family butcher’s shop, inclusive of the freehold property, fixtures and fittings and business goodwill, plus stock at valuation.

The business has been successfully trading for many years and enjoys regular / repeat business sales from its loyal customer base, being situated in a prime location, in the award winning town centre of Treorchy (Rhondda).

Treorchy lies on the A4058 / A4061 being one of Rhondda’s three principle shopping towns and boasts almost full occupancy on the high street, where vacant properties and / or businesses, rarely come up for sale, hence, this is an ideal opportunity for a discerning person to acquire a profitable business, along with a fully fitted freehold property.

The high street is represented by a healthy mix of national retailers including Iceland, Savers, Boots The Chemist, Superdrug and Greggs, several local traders and office users along with a number of food outlets and licensed premises, plus a branch of the Principality Building Society. See the map inlay below for local directions.

Viewing; Strictly accompanied viewing only, by prior appointment via our Tonypandy office and prospective purchasers are requested to respect the seller’s privacy and not make any un-appointed visits or direct approaches to the staff members, as this will simply result in referral back to Barbara Rees Commercial.

The property; Pavement fronted, mid terrace, two storey, brick / stone construction, beneath a slate roof.

Gross frontage; 4.87m (16’) modern display window shop front with customer entrance and security roller shutter.

Ground floor; 65.4 sq mt (703.70 sq ft) to include a fully fitted retail sales / serving area / glazed chiller meat display counters / wall shelving / large permanent cold store / kitchen and prep areas / external rear storage / enclosed rear yard.

First floor; 47 sq mt (505.72 sq ft) comprising an office and storage space / kitchen / staff rest room.

Exterior; Enclosed rear yard.

User; Believed to fall within use class A1 retail (1987 planning act use class orders as amended).

Rates; rv = £ 5,200 (2023 rating list), the property currently qualifies for 100% sbr Relief.

Energy ratng; 99 = D.

The business; Retail butchers, selling meats and a range of associated homemade / farm produce, between the hours of 9am / 1pm Monday to Thursday 8am / 3pm Friday and Saturday, Closed Sunday. The business is currently run and managed by the proprietor and his son, along with some part time staff. There is huge potential to grow the business via longer opening hours.

Financial information; The business trades with a healthy profit and a confidential inspection of the accounts is available at the Tonypandy office of Barbara Rees Commercial.

VAT; We are given to understand that VAT will not be charged on sale.

Fixtures & fittings; The property and business is to be sold as seen and viewed, inclusive of all equipment “for the buyer to continue daily trading” from the date of acquisition.

Asking price; £ 161,000 (sale to include the freehold property fixtures and fittings and business goodwill, plus s.a.v.).

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 is of freehold tenure and has the benefit of mains electricity, water and drainage, 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. A full and detailed inventory will be provided via the appointed solicitors.

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)

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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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