Horace John, Forse & Co
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SHOP WITH INVESTMENT LIVING ACCOMMODATION
118 Clare Road, Grangetown, Cardiff, CF11 6RU
Price: £275,000
A Fish and Chop Shop as a “going concern” with residential investment premises.
A two-storey end of terrace property (adjacent to a Car Wash/Tyre Bay site at the junction with Chester Place (which is closed off with Clare Road) and situated on the western side of Clare Road which is a busy route leading to Cardiff Bay from the City Centre and the northern suburbs of the City.
Traditionally constructed of solid brick and stone walls, rear elevations cement rendered, and set under a pitched timber framed roof structure which has been recovered with concrete tiles and matching ridge tiles. There is a modern shop front with personnel entrance door. There is a vehicular lane to the rear which has security gates to either end and gives access to the personnel door leading to the rear courtyard and entrance to the self contained living accommodation.
The Vendors have been operating the Clare Road Chippy for less than 12 months and we understand that it is currently producing a turnover of approximately £2000 per week.
The sale will include the goodwill, fixtures and fittings relating to the Clare Road Chippy, together with the investment property, which presently benefits from the lettings of 3 Bedrooms on the First Floor with shared Living Room, Kitchen and Bathroom facilities.
THE PREMISES
The premising briefly comprise:-
SHOP
4.41m x 8.13m less 2.86m x 1.88m (14’6” x 26’8” less 9’5” x 6’2”), giving a floor area of 30.47 square metres (328 square feet). Fully tiled walls. Suspended tiled ceiling. Aluminium shop front with matching personnel entrance door. UPVC double glazed door from the Rear Lobby to the rear courtyard. Fully fitted with cooking range and display cabinet. External electric roller shutter grill.
OUTSIDE
Covered walkway and concrete yard leading to the rear personnel gate and outside Store/Preparation Rooms:-
OUTSIDE W.C.
SMALL STORE SHED
EXTERNAL STORE ROOM NO. 1
3.07m x 3.76m (10’1” x 12’4”), giving a floor area of 11.52 square metres (124 square feet).
EXTERL STORE ROOM
No. 2 3.07m x 1.27m (10’1” x 4’2”), giving a floor area of 3.90 square metres (42 square feet).
The external Store Rooms are constructed of brick walls with sloping corrugated asbestos roof.
LIVING ACCOMMODATION
GROUND FLOOR
Galley Kitchen
Door giving access to:-
Living Room
With turning staircase leading up to the First Floor.
FIRST FLOOR
Front and Rear Landings
Front Bedsitting Room No. 1
Let on a Furnished Assured Shorthold Tenancy at a rental of £350.00 per calendar month.
Middle Bedsitting Room No. 2
Let on a Furnished Assured Shorthold Tenancy at a rental of £280.00 per calendar month.
Rear Bedsitting RoomNo. 3
Let on a Furnished Assured Shorthold Tenancy at a rental of £220.00 per calendar month.
Bathroom/W.C.
The living accommodation benefits from a gas fired central heating system.
TENURE
We have been advised by the Vendor that the property is held under Freehold tenure.
RATEABLE VALUE AND COUNCIL TAX
We have been advised by Cardiff County Council that the premises have been assessed as follows:-
Shop and Premises – Rateable Value £3350 - 2010 Rating List
Living accommodation – Council Tax Band ‘C’
PRICE
£275,000
VIEWING
STRICTLY BY APPOINTMENT ONLY
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Horace John, Forse & Co
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