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Prime Freehold Leasehold Butchers In Llangollen For Sale

Llangollen, Denbighshire, UK
Freehold Price:
£375,000
Leasehold:
£35,000
Turnover:
Available on request
Net Profit:
Available on request

Prime freehold investment property and butchers business - Llangollen
Having been established over a great many years and occupying one of Llangollen's prime freehold investment properties, this thriving Butcher's Business is available to purchase either freehold or leasehold. The freehold option includes the Butchers, two self contained first floor flats, a further retail unit occupied by Gerrards the Bakers as well as two further ancillary buildings to the rear, one of which could be converted subject to the usual consents. The building currently generates an annual income of £18,860 PAX (excluding the Butchers). Strong trading figures are also evident from the award winning Butchers business. This can be made available as a leasehold option if so required. All enquiries are through the Sole Selling Agents Hart & Co.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Butchers premises only would be available to purchase at a guide price of £35,000 plus stock at valuation with passing rent payable of £12,000 PA

Leasehold Rent:

£12,000 per annum

Location:

Occupying a prime trading location at the heart of this thriving town, llangollen is a year round tourist destination as well as serving the local community, it is home to the annual welsh eisteddfod.

Directions
situated on castle street, llangollen's main commercial thoroughfare.
For sat nav key in ll20 8ny.

Premises Details:

Award Winning Butchers with lock up shop premises.

Main retail 23'2" x 26'6" "L" Shaped (Max)
Prep 20'9" x 6'1"
Walk in chiller 11'8 x 7'8"
Rear vestibule

There is an alley to the side with access to two first and second floor apartments which we understand both consist of two bedrooms, lounge, kitchen, shower/bathroom (we understand these are both let on short hold tenancies at £450 p.c.m each)

Commercial unit 2
19'9" x 8' currently let to Megan's Kitchen for £130 p.c.m

Commercial unit 3
An attractive building set over two floors, currently used for ancillary storage.
Ground floor area 23'5" x 18'5" plus upstairs 24'2" x 12'9" plus two partitioned rooms. This building could be converted to either residential or commercial use subject to the usual consents.

Commercial unit 4
Commercial unit 4 - 21 Castle Street. Let to Gerrards the Bakers at £6,500 PAX. We understand that this is on a rolling five year lease consisting of main shop retail 14'3" x 9' (approx) with rear prep/kitchen 14'9" x 9'8" (approx). Additional staff/storeroom 12' x11'2", access to the rear, services and outside WC.

Agents note
Hart & Co have not inspected any of the leases or their contents. Prospective purchasers are advised to seek their own advice on any of the leases associated with this property prior to commitment to purchase.

Method of sale
Either by way of freehold purchase for the Business and properties. Alternatively, the Butchers business is available in isolation. The award winning Butchers has been established a great many years, good trading figures are evident and can be made available subject to the usual Confidentiality Agreement. This would be available to purchase at a guide price of £35,000 plus stock at valuation with passing rent payable of £12,000 PAX.

Accounts
Accounts are available subject to the signing of a Confidentiality Agreement.

Trade, fixtures, fittings and equipment
An inventory will be provided subject to contract.

Viewing
Viewing is strictly by appointment through the Sole Selling Agents Hart & Co. Under no circumstances must a direct approach be made to staff or tenants who occupy the building.

Business Operation

Reasons for selling:

Retirement

Other Information

Leasehold asking price:
£35,000

Contact Hart & Co

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