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Garlands of Llandaff, 9 High Street Llandaff, Cardiff, CF5 2DX

£750,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Busy high street location
  • Turnover circa £340,000 / 58% GP
  • Adjusted net profit circa £47,000
  • Total area Circa 1890 sqf / 176 sqm
  • Business Class use E
  • Public car park next door - EPC Rating D
  • Christie & Co Ref: 3410541

Description

Description

A freehold commercial property spread over three floors on a busy High Street in Llandaff, an affluent area of Cardiff. In a corner position and nestled amongst a variety of complimentary businesses. There is also a council operated car park next door making it very convenient for shoppers. Established just over 35 years ago and currently operating as a florist, gift shop and clothes shop. Historically the store also had a coffee shop/cafe offering too. A spacious 1890 square feet in total with wide window to the front and central entrance door. The front of the store mainly comprises of the florists, while making your way through the shop there are a number of different areas offering a range of gifts, ceramics and fashion. To the rear is a courtyard area with side access. The first floor - historically a one bedroom apartment - is now used mainly for storage and staff facilities, but has the potential to turn back to residential without too much work. There is also a very handy basement storage area. Business classification use E – Meaning it can be general retail, professional services or a restaurant/café.

Location

Situated in corner position on the High Street in the centre of Llandaff among numerous complimentary businesses and with a council operated car park next door. Llandaff is an affluent area of Cardiff with the shop being just 0.1 miles from Llandaff Cathedral and Cardiff Metropolitan University. Just 0.2 miles off the main A48 and 2.3 miles from Junction 32 of the M4. Cardiff City Centre is 2.3 miles away.

Fixtures & Fittings

We are advised that all shop fixtures and fittings are included in the sale - subject to a confirmation itinerary.

The Opportunity

A great opportunity to purchase a beautifully presented business and property on the main High Street in Llandaff, Cardiff. Established by the current owners over 35 years ago. The property offers flexible business space over three levels which can be bought as an ongoing concern, the property is classification E use allowing for a variety of business uses including general retail, professional services and or restaurant/café.

Staff

There are 7 members of staff who will transfer under TUPE. One full time florist and six part time staff.

Trading Information

Year end 3st July 2024 accounts show a turnover of £339,486 with a GP of 58% and an adjusted net profit of £46,912.

Trading Hours

Open Monday to Saturday 8.30 - 5.30pm.

Tenure

Freehold

Business Rates

The Rateable value as of 1st April 2023 is £13,250.

Brochures

Garlands of Llandaff, 9 High Street Llandaff, Cardiff, CF5 2DX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Waun-gron Park Station0.6 miles
  • Fairwater Station0.7 miles
  • Danescourt Station0.8 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3410541-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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