£150,000

Retail premises for sale

  1. Property photo 1 of 21.
  2. Property photo 2 of 21.
  3. Property photo 3 of 21.
Business

£150,000

(£154.84/sq. ft)

Retail premises for sale

Cowbridge Road East, Cardiff CF11

From 969 - 1,076 sq. ft

Local area information

Property location

Nearby amenities

  • 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
Please note, this is a business for sale. The premium required is £150,000 to take over the lease, business and includes stock and machinery. The unit itself is not for sale, and the rent is £14,800pa (3600 per quarter).

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.

Particulars:
Premium: £150k including £50k worth of materials
Lease: 9 years remaining
Rent: £14,800pa (3600 per quarter)
Turnover: £300,000pa
Business Rates: Approx.£7500pa (75% discounted this year)

More information

Report this listing

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.

  1. Zoopla
  2. Commercial for sale
  3. Cardiff
  4. South Glamorgan
  5. Cardiff Bay
  6. Canton
  7. Cowbridge Road East

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.