Glebe Street, Penarth CF64 1ED

Lease for sale of a newly refurbished fish and chip shop in central Penarth, equipped with a comprehensive range of high end fixtures and fittings. Circa 975 sqft.

Equipment included with the sale of this lease includes a variety of chippers and peelers, a four burner cooker, a fitted combination 'walk in' fridge and freezer, a selection of stainless steel worktop counters and a storage room with security system. Please note that the range is not included within the premium.

Benefiting with a full of inventory of equipment less than two years old and a premium prominent central Penarth trading location, this premises is perfect for both new and expanding businesses. Offering excellent value, this premises is available at a fraction of the cost of fitting a premises to this standard. Potential for both light eat in trade as well as highly lucrative delivery service via online platforms. Five star hygiene rating.

Lease Terms
Current Rent: £20,000.00 per annum
Rent Review: Every Five Years.
Deposit Payable: £15,000.00
Length of Lease: Circa Seven Years, within the Landlord and Tenant Act (1954).
Premium: Guide Price £75,000.00
Broker Fees Apply

We understand that the business rates payable for the current are circa £2,200.00 after small business relief, however we advise that this is verified by the local council by any interested parties.

Please note that the 'Posh Fish and Chips' branding is not included in the sale of this Lease.

The property is located in the Victorian and Edwardian town of Penarth, which is a well-regarded and much-sought-after residential locale, popular with professionals, and yet situated just three miles south of Cardiff Central Station. Penarth caters for a wide range of needs with local family owned shops and outlets as well as a number of nationally known names. The traditional appearance and character of the town centre shopping area provides a welcome relief from the much larger city centre stores and shopping centres. In addition to the more traditional shopping outlets covering food and fashion the shopper will find a wide variety of chemists, jewellers, bookshops and stationers, hairdressers, travel agents, DIY and hardware as well as gift shops, antiques and art galleries and well as the Windsor Arcade.