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Fantastic Fish Bar With Cafe In Aberdare For Sale

Aberdare, Mid Glamorgan
Asking Price:
£24,950 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business With Over 40 Years Trading History
Run Under Management Since 2007
Excellent Long Lease
Located on Main Road in Abadare
2 Bedroom Accommodation Also Available
3 Storey Premises Situated On Bustling Trade Parade
EPC - C

REF 5689 – Fish Bar and Cafe

Blacks Brokers are delighted to bring to the market this leasehold Fish Bar and Café located in the beautiful location of Aberdare.

INTRODUCTION

This business has been trading over four decades and our client purchased the business in 2009.

LOCATION

Aberdare is a town in the Cynon Valley area of Rhondda Cynon Taf, Wales

REASON FOR SALE

Giovanni's Fish Bar & Cafe has only become available for sale on the open market due to our client’s ill health and therefore this created an exciting opportunity for a new owner to build upon the business.

LEASE

The building is available on an Internal Repairs Only (IRO) basis with a Rent of £500 per week. The business is on a 30 year lease that started in 2007 with rent reviews every 4 years.

BUILDING LAYOUT AND DESIGN

Giovanni's Fish Bar & Cafe is located in Aberdare town centre in this 3 storey, single fronted, terraced property that is situated within a parade of shops. The main customer area at the front of the building has the takeaway, at the rear there is a coffee bar servery and customer seating for up to 50. There are also customer toilets to the rear. In the basement there is food preparation area with a chipper and peeler and good storage space.

STAFF

Run under management with 4 staff, 2 of which are full time.

FINANCIAL DETAILS

Giovanni's Fish Bar & Cafe has traded strongly over its long trading history and full details are available upon a viewing. The building has the potential to provide three one bedroom flats which could provide an income of £500 per month if tenanted, something a new owner could explore to maximise the overall profitability of the proposition.

SUMMARY

This is an outstanding opportunity to acquire this leasehold fish bar and café operating in this busy location that has a trading history that spans across four decades. This fully licensed business offers huge scope for a new owner and would ideally suit a hands on owner operator who could push the business forward on to its natural next level. Early viewings are highly recommended.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Opening Hours

Mon: 10:00 to 20.00
Tue: 10:00 to 20.00
Wed: 10:00 to 21.00
Thu: 10:00 to 21.00
Fri: 10:00 to 22:.00
Sat: 10:00 to 01:00
Sun: 12.00 to 21:00

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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