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£269,950
Bedrooms
Bathrooms
Council tax band: TBC
Ramsay & White Estate Agents are delighted to present this detached, freehold property, situated in the sought-after location of Cwmbach, Aberdare. Offering a unique opportunity, this property is currently operating as a well-established Fish and Chip shop, having served the community since its establishment in 1968. In addition to the thriving business, the property features comfortable living accommodation on the upper floor.
The Fish and Chip shop currently generates an impressive turnover of 70,000, despite operating on a five-day, 25-hour working week however, it is important to note that the business holds untapped potential, with the possibility of further revenue growth for motivated entrepreneurs.
Ascending to the upper floor, you will find a spacious three-bedroom living accommodation, providing a peaceful retreat from the bustling shop below. The well-appointed living area is complemented by a kitchen and a bathroom, ensuring convenience and comfort for residents.
Excitingly, this property also comes with planning permission to demolish the outer storage room and construct a separate three-bedroom dwelling. This presents an exceptional opportunity for expansion or for those seeking to incorporate additional living space.
The property boasts an array of features, including a main shop area, a downstairs lounge, a kitchen, and food preparation rooms to facilitate seamless operations. The living accommodation on the upper floor comprises three bedrooms, a kitchen, and a bathroom. Furthermore, the property offers front and rear gardens with convenient side access, a single garage, and an outer building that currently serves as a storage room.
With such versatility and potential, this property is an enticing prospect for astute investors or entrepreneurs looking to make their mark in the culinary industry. The additional planning permission for a three-bedroom dwelling adjacent to the main property further enhances the appeal and possibilities associated with this unique offering.
Don't miss out on the chance to own this exceptional property, combining a thriving business with comfortable living accommodation, and the potential for further development.
The village of Cwmbach, situated in the picturesque region of Aberdare. This delightful village offers a wonderful blend of natural beauty, a strong sense of community, and convenient amenities.
Nestled amidst rolling hills and stunning landscapes, Cwmbach is a haven for nature lovers. The village is surrounded by lush greenery, providing ample opportunities for outdoor activities such as scenic walks, hikes, and leisurely strolls. Nature enthusiasts will appreciate the tranquil surroundings and the chance to explore the nearby breathtaking countryside.
Cwmbach is also home to a vibrant community that takes pride in its heritage and camaraderie. The village boasts a warm and friendly atmosphere, with residents known for their welcoming nature and community spirit. Local events and gatherings foster a sense of togetherness, offering opportunities to connect with neighbors and forge lifelong friendships.
In terms of amenities, Cwmbach provides convenient access to essential services and facilities. The village features local shops, supermarkets, and convenience stores, ensuring that residents have easy access to daily necessities. Additionally, there are restaurants, cafes, and pubs where you can indulge in delicious meals or enjoy a leisurely drink with friends.
For families with children, Cwmbach offers a range of educational options. There are local primary schools and secondary schools within the vicinity, providing quality education and nurturing environments for young learners.
Cwmbach's location also offers excellent transport links, facilitating easy commuting and exploration of the surrounding areas. The village is well-connected to major road networks, allowing for convenient access to neighboring towns and cities. Public transportation options are readily available, providing hassle-free connections to nearby amenities and attractions.
Within close proximity to Cwmbach, you'll find the town of Aberdare, which provides additional amenities and services. Here, you can explore a wider range of shopping opportunities, entertainment venues, cultural attractions, and recreational facilities.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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