Retail premises for saleCowbridge Road East, Cardiff CF11
Local area information
- Severn Primary School 0.1 miles
- St Mary's R.C. Primary School 0.2 miles
- Ninian Park 0.4 miles
- Cardiff Castle Waterbus Stop 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Cardiff to find out more about the area.
Features and description
- Business For Sale
- Fantastic Opportunity
- High Footfall
- Premium Required
- Sought After Location
CF24 Property Services are delighted to be advertising the opportunity to acquire this long established hardware shop for sale in a highly sought after location. The shop is located on Cowbridge Road East, situated in a prime trading position offering fantastic visual frontage and high footfall. The Tool Box is a well established and reputable family run business, supplying tools for local businesses and individuals in the area for 20+ years.
The Tool Box stock a wide range of affordable tools, gardening equipment and offer key cutting and engraving services. Due to the nature of the stock sold, it is a recession proof business plus it has nine years remaining on the lease. The business turns over approx. £300,000pa and still has great potential and scope for improvement with The Tool Box online shop. The business has a website that can also be used to sell stock alongside listing items on Amazon or Ebay in order to further increase sales volume. There is a premium of £150,000 that includes over £50k worth of stock and machinery. It would be beneficial for a family to run the business as currently the staffing costs are roughly £45kpa.
Included in the lease is a two room flat above. This can be used for the owner to live in or it can be split and has the opportunity to rent separately.
Premium: £150k including £50k worth of materials
Lease: 9 years remaining
Rent: £14,800pa (3600 per quarter)
Business Rates: Approx.£7500pa (75% discounted this year)
Property descriptions and related information displayed on this page are marketing materials provided by - CF24 Property Services. 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 CF24 Property Services for full details and further information.