BUSINESS FOR SALE The Village Pantry 93 Bridgend Road Aberkenfig Bridgend CF32 9BA
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Immediately available “For Sale” on a leasehold basis an established and profitable village convenience business.
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Premises are held leasehold under terms of a ten year lease from 1st March 2014 at a rental of £6,600 per annum exclusive.
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Premium offers are sought for the lease, the business goodwill and trade fixtures and fittings.
www.wattsandmorgan.wales
wattsandmorgan
@wattsandmorgan
The Village Pantry 93 Bridgend Road, Aberkenfig Bridgend
CF32 9BA LOCATION The property is situated in a prominent and convenient location fronting Bridgend Road within Aberkenfig’s small but busy commercial centre.
PREMIUM Premium offers are invited for the lease, business as a going concern and trade fixtures and fittings. Stock is to be sold as at valuation.
The town of Aberkenfig lies just three miles or so north of Bridgend Town Centre with the town centre attracting a number of local food, retail and service industry occupiers.
BUSINESS RATES The Valuation Office Agency website is estimating a rateable value for 2017 of £6,900 so rates payable then for 2017 estimated at £516.
DESCRIPTION The property briefly comprises a ground floor lockup shop and premises providing approximately 40 sq m (433 sq ft) of retail sales area together with 25 sq m (268 sq ft) of ancillary storage/office space. The property has the additional benefit of car parking to the rear.
EPC Pending.
The distinct business is long established as a convenience store with traditional offers such as newsagents, office licence, tobacconist, National Lottery, Pay point and in addition an expanding sandwich, hot food and snack delivery service. The property currently trades seven days a week from 6.00am to 6.30pm. Three years of financial statements are available for inspection to seriously interested parties. TENURE The existing lease is to be assigned with the property being held under terms of a ten year lease from 1st March 2014 at a rental of £6,600 per annum exclusive. The lease contains a rent review 1st March 2019 and a tenant break clause effective 1st March 2019.
VAT All figures quoted are exclusive of V.A.T. if applicable. LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VIEWING Strictly by appointment only through sole letting agents: Messrs Watts & Morgan. Tel: (01656) 644288 Email:
[email protected] Please ask for Dyfed Miles or Kate Harris.
www.wattsandmorgan.wales Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messrs. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.