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Prime Freehold Investment with Development Opportunity in Gwent

Undisclosed, Blaenau Gwent

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    29/01/24

  • Advert ID

    605774

  • Reference

    INV34433J / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £109,500
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

EXCELLENT ASKING PRICE: FREEHOLD INVESTMENT DEVELOPMENT OPPORTUNITY IN GWENT

EM&F offer to the market this large, town centre located Freehold Commercial/Residential property, currently consisting of two retail outlets to the ground floor including a rear section and most spacious 6 bed accommodation facilities to the first and second floor levels.

In one of the main trading streets within the well established town of Ebbw Vale, the property currently trades as a Cafe with Gaming/Amusement Arcade.

Close to main road, rail & bus links, Ebbw Vale is indeed the main town within the county borough and is only appx 45 mins drive from Cardiff, 1hr drive from Hereford, and only minutes away from the glorious Brecon Beacons National Park Areas.

Current tenants (relatives of the owner) have run the business at a very low key level for many years to suit their lifestyle/requirements and on retiring will be closing down upon completion, so there will be no business or staff handover issues for any new owners.

The ground along with the very spacious upper floors are in need of refurbishment, however for an investor, developer or perhaps an interested client wishing to continue with a catering business it certainly is a versatile package which is offered at a very realistic asking price.

Must be viewed to be fully appreciated.

EPC Rating: E

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01633 868609.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'EXCELLENT ASKING PRICE: FREEHOLD INVESTMENT DEVELOPMENT OPPORTUNITY IN GWENT - INV34433J / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.