Retail premises for sale in Gurnos Road, Ystalyfera, Swansea SA9, £25,000

25,000.00

Offer Nr.:
65591609
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Astleys Chartered Surveyors
Phone(s):
01792 925807

* Leasehold
* Proposed new letting and business for sale
* Longstanding established popular family run bakery
* Net internal area – 61. 78 sq. M (664. 99 sq. Ft. )
* Double fronted sales area with internal width of 8. 10M
* Prominent position within A busy catchment area
The subject premises is offered to let, to include the business fixtures and
fittings, based on a new effective letting for a term of years to be
negotiated.
The business comprises a family run bakery and sandwich bar, providing its own
range of freshly made bakery products as well as general savoury and
confectionery items. The business has been established since 1999, holding a
longstanding trade within the local community.
The property comprises a self - contained ground floor double fronted retail
unit, accommodating the main sales area, which can be accessed directly off
the main pedestrian walkway to the front. The remaining ancillary
accommodation located to the rear comprises various store rooms, a preparation
area and w. c. Facilities.
The property is also located within the immediate vicinity of small public car
park over the side elevation, providing convenient temporary customer parking
facilities.
**Description**
The subject premises is offered to let, to include the business fixtures and
fittings, based on a new effective letting for a term of years to be
negotiated.
The business comprises a family run bakery and sandwich bar, providing its own
range of freshly made bakery products as well as general savoury and
confectionery items. The business has been established since 1999, holding a
longstanding trade within the local community.
We further advise that the business boasts a turnover of approximately £83, 702
for the year ending 31st August 2019, which has increased further to £105, 897
for the year ending 31st August 2021 (up by 26%). We also note that the
existing turnover is based on a 5 - day week opening, which therefore has the
potential for further growth. The business also benefits from 49 Google
Reviews at a current rating 4. 8*.
The property comprises a self - contained ground floor double fronted retail
unit, accommodating the main sales area, which can be accessed directly off
the main pedestrian walkway to the front. The remaining ancillary
accommodation located to the rear comprises various store rooms, a preparation
area and w. c. Facilities.
The property is also located within the immediate vicinity of small public car
park over the side elevation, providing convenient temporary customer parking
facilities.
**Location**
The subject premises is located along prominent main road position along
Gurnos Road within the popular village of Ystalyfera.
Ystalyfera is a popular village and community in the upper Swansea Valley, on
the River Tawe, about 13 miles northeast of Swansea, comprising a resident
population of just over 3, 000 people.
**Accommodation**
The property provides the following approximate dimensions and areas:
Net Internal Area: 61. 78 sq. m (664. 99 sq. Ft. )
**Ground floor
**
Sales Area: 40. 61 sq. m (437. 12 sq. Ft. )
Shop Depth: 5. 35m (17’6")
Internal Width: 8. 10m (26’6")
Ancillary: 21. 17 sq. m (227. 87sq. Ft. )
which briefly comprises the following.
Store Room 3. 46m x 3. 02m
accommodating a range chest freezers and refrigeration units.
Kitchen 2. 58m x 2. 97m
with various base units and preparation surfaces, incorporating sink drainer.
Store Area 1. 69m x 1. 82m
with door to rear external store and door to.
W. C. Facilities
**Rates**
As stated on the voa website the Rateable Value for the subject premises is as
follows:
Rateable Value (2023): £3, 300
From April 2018 the Welsh Government set the multiplier according to the
Consumer Price Index (cpi) and for the financial year 2023 - 24 the multiplier
will be 0. 535.
Rates relief for small business with a rateable value up to £6, 000 will
receive 100% relief and those with a rateable value between £6, 001 and £12, 000
will receive relief that will be reduced on a tapered basis from 100% to zero.
The subject premises is therefore eligible for 100% rates relief (subject to
satisfying the necessary criteria).
We advise that all enquiries should be made with the Local Authority Rates
Department to verify this information. For further information visit .
**Vat**
All figures quoted are exclusive of VAT. Our client reserves the right to levy
VAT on this transaction (if applicable).
**Terms & Tenure**
The subject premises is available on a new effective full repairing and
insuring lease under terms to be negotiated, which will be subject to an
agreed premium for the goodwill/ business, fixtures and fittings.
**Viewing**
By appointment with Sole Agents:
Astleys Chartered Surveyors
Tel: Email:

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