GOOD CHIP SHOP/TAKEAWAY WITH 2 BED FLAT, BLAENAU GWENT

Long Established chip shop/takeaway with the bonus of a 2 bed flat above and brand new range installed (advised by vendors as March 2024).

Our vendors purchased the business/property some 20 years ago and after a few years then let out the business to a gentleman whom has remained running the business ever since.

This tenant (whom lives in Bristol) is now leaving towards the end of November 2024 and this development coupled to the age of our vendors (and their wish to retire) has now made them decide to offer this excellent opportunity to the market for sale, at what is a very sensible asking price.

Our vendors have advised that they will helpfully take over and continue the day to day operation of the business (once the tenant leaves) and that they will also then remain in place until new owners take over, thus making for a very smooth transition!

The current tenant is advised to us by our vendors as paying them £17,000 p.a rent currently (shop + flat) and that they apparently achieve sales of around £3,000 per week from their relatively short trading hours of Mon-Sat 12 noon-8pm only. The business also has nil business rates currently payable advised!

Situated in the heart of a year round trading valleys town, this versatile premises is felt ripe for further trade enhancement and for possible additional rental income stream from letting the flat (subject to consents).

The premises/business certainly lends itself to operating longer hours, perhaps opening on Sundays, offering new lines and would also possibly suit a number of takeaway cuisine styles.

All in all, this is a good opportunity, offered at a sensible freehold asking price, felt ideal for chip shop/takeaway operators or perhaps for investors looking for multi income stream opportunities.

EPC Rating Shop: C