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Property Listing Details

Restaurant/cafe for sale

Heol Tai Mawr, Merthyr Tydfil CF48

  • Business for sale

£24,999

Property details

Listing view statistics

Last 30 days: 25 page views

Since listed: 327 page views

Description

Business
Hilton Smythe welcomes to the market this very well positioned takeaway chip shop Gellideg Fish Bar. Set in the middle of a large housing estate, offering great footfall.

The shop itself has been run by the current owners for around 4 years, who is now looking to pursue other business interests.

The chip shop mainly offers fish and chips, and also sells chicken, donner kebabs, jacket potatoes, pies, pasties, scampi and burgers. This has the potential for substantial improvement by increasing the variety of food sold to include pizzas, southern fired chicken, shish kebab etc and by employing more staff to help out.

The owner has recently joined JustEat which could also be pushed and expanded.

Gellideg Fish Bar offers plenty of space and great opportunities for the new owners.

Location
Gellideg Fish Bar is situated in the highly residential area of Gellideg, offering great footfall. It is situated just over 1 mile from the centre of Merthyr Tydfil.

Merthyr Tydfil is a large town in Wales, with a population of about 63,546. Situated in the historic county of Glamorgan, it is the main town in Merthyr Tydfil County Borough.

Good access is gained to all areas via the A465 and the A470. Also, the M4 motorway is only 30 minutes to the south giving access to the South and South West.

Premises
These are easily managed premises covering approximately 47 sqm on the ground floor.

Main shop area equipment includes: -
Counter
Deep fat fryers
Kebab machine
Drinks fridge
Warmers

To one side is a large preparation room with potato peeler, chipper, pizza oven (presently not working), fridge, freezer etc, rear store and WC.

A rear door also gives access through to an enclosed rear garden.

Most of the equipment is owned by the landlord and is included as part of the yearly rental.

However, the current owner does own the warmer, 2 microwaves and one of the stands.

Above the shop is a flat, which we believe from the chip shop owner is presently vacant and could be available to the new owner of the business, subject to separate negotiation with the landlord.

An internal viewing is highly recommended to see the future potential on offer.

Tenure
We are advised that Gellideg Fish Bar is being sold as a Leasehold opportunity.

The premise has a 5 year lease as of 2017.

The rent payable is currently £6,240 per annum.

Hours
Monday – Saturday: 12.00 p.M. To 10:00 p.M.
Sunday: 4:30 p.M. To 10:00 p.M.

Staff
Gellideg Fish Bar is currently run by the owner and occasional casual labour.

Financial Profile
We believe from the owner that Gellideg Fish Bar is turning over £50,000-£60,000 per year; however, we believe this could be greatly improved in the future. The shop has a fantastic catchment area and great potential.

According to the voa website the current rateable value is £1,250; however, the owners inform me that they benefit from small business rates relief so don’t pay any rates.

Map & Nearby

Local Amenities

  • Merthyr Tydfil 1.4 miles
  • Pentre-Bach 2.8 miles
  • Ysgol Gynradd Coed y Dderwen 0.2 miles
  • Ysgol-Y-Graig Primary School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Merthyr Tydfil 1.4 miles
  • Pentre-Bach 2.8 miles
  • Ysgol Gynradd Coed y Dderwen 0.2 miles
  • Ysgol-Y-Graig Primary School 0.6 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.