MAIN FEATURES

MODERN & WELL FITTED OUT FREEHOLD PROPERTY

PROFITABLE GOING CONCERN

WITH LOW OVERHEADS

UNRESTRICTED A3 USER

HUGE POTENTIAL TO GROW THE BUSINESS

ALL FIXTURES & FITTINGS INCLUDED “AS SEEN AND VIEWED”

DESCRIPTION & LOCATION; Barbara Rees Commercial is pleased to offer for sale, this long and well established, modern and extensively fitted out, freehold fish and chip shop, having been fully refurbished in 2021 to a high standard including an efficient five pan cooking range and all up to date, fridges / freezers / microwaves / chipper and peeler etc.

The business occupies an easily run and managed single storey unit with separate customer and delivery access as well as a stores and staff wc.

Situated in the densely populated village of Aberaman (Aberdare), in a virtually unopposed location the business serves the needs of the local residents as well as passing trade.

The current proprietor operates (through choice) via limited hours, without any late night opening, but huge potential exists to grow and expand the business, through longer business hours and / or home delivery service.

VIEWING & DIRECTIONS ; Strictly accompanied viewing only, please respect the sellers privacy and do not make any un-appointed visits to the property or staff as this will be met with referral back to Barbara Rees Commercial.

See the map inlay below for directions.

GROSS FRONTAGE; 9m (30 ft approx) modern pvc double glazed display window shop front and recessed customer access, directly off the pavement. Separate delivery and staff access.

INTERNAL AREAS; 54.06 sq mt (582 sq ft approx) comprising a retail customer area, cooking range and serving area, chip room, general food preparation room, stores and staff wc.

EXTERIOR; Enclosed rear yard / upper level compound.

USER; Believed to fall within use class A3 (1987 planning act use class orders Wales as amended). The seller advises that the historic user is unrestricted in terms of business opening hours, hence 11am to 11pm Monday to Sunday is possible.

CURRENT BUSINESS HOURS;Monday to Thursday 12pm midday to 2pm, and 4pm to 8pm. Friday and Saturday 12pm midday to 8pm. Closed Sunday.

FINANCIAL INFORMATION; The seller advises that weekly sales currently average circa £5,000. Confidential inspection of the accounts is available, by appointment with Barbara Rees Commercial.

BUSINESS RATES; RV = £ 1,150 (2023 rating list and full SBRR applies).

ENERGY RATING; Awaited.

SERVICES & FACILITIES; All mains services, gch with a combination boiler (not tested), security alarm and cctv. KIREMKO high efficiency five pan gas range (installed new in 2021).

METHOD OF SALE; Private treaty, to be sold as seen and viewed inclusive of the freehold property, it’s full inventory (fixtures and fittings) and business goodwill.

ASKING PRICE; £157,500.

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 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 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 or via the acting solicitors. The most recent accounts (2024) record gross annual sales of circa £ 210,629 p/a with a gross profit of 50.37 %.

COMMERCIAL MORTGAGE / BUSINESS LOAN; Available subject to status, please ask for an appointment with our independent financial advisor.

In addition to our core services, of residential and commercial property sales and lettings, we operate an in house maintenance, building and refurbishment facility, as well as linked professional services from Surveying through to Independent Financial and Mortgage advice, plus Legal Services via our preferred partner companies. Barbara Rees was originally set up and founded in 1984 by Barbara & Jacqueline Rees, whilst J. Paul Rees initially held a consultancy role, to provide financial services to our clients. The head office was opened on Crwys Road in Cathays Cardiff, where we still remain to this day. J. Paul Rees later joined the business in a full time capacity as managing director, hence, we really are a true family business, that goes that extra mile, to offer our clients a personal, professional and caring service. By 1991, selectively targeted growth, diversification and expansion of our activities gave rise to a strategic review and re-structure of our business model, thus leading to the incorporation and segmentation of the business, to more accurately reflect our overall and individual group activities. We now cover property sales and lettings in all areas of Cardiff, Pontypridd, Llantrisant, the Rhondda and near by Valleys to the North West of Cardiff, M4 and A470 corridors. Indeed, we are proud of our roots, heritage and tradition, as we recognize and appreciate the fact that "most our business is derived from recommendation and referral" with clients retuning year after year for us to let and manage their property, as well as undertaking repeat sales, for both business and personal clients, as their needs change, and assets grow. So what of the future, well, Barbara Rees has established a name for quality and personal service and we see no need to change that, but we do recognize the need to change with the times and whilst many independent agents, may be pondering their future, Barbara Rees is geared up for the long term, as change always offers opportunity, not adversity.

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