LOCK UP NEWSAGENT/CONFECTIONER - PAIGNTON
Price:
Leasehold - £29,000
Location:
Devon, Paignton
Business Type:
Retail businesses
We are delighted to be able to offer a long established owner operated, successful Newsagents Business which has come onto the market due to owners’ retirement. Retailing a varied line of local market produce, stationery, cards, drinks, broad range of household goods and good selection of magazines and papers. The business is situated in a densely populated area of Torbay and early viewings are recommended
THE LOCATION
- Foxhole Newsagents is located in a densely populated residential area of Torbay and lies within close proximity to local schools and with easy access out onto the A380 trunk road
THE BUSINESS
- The Business has been successfully owner operated for over 10 years with some part time assistance and is now being sold only due to the owner’s retirement. The business operates as a traditional Newsagents selling newspapers, confectionery, magazines and cards but has also recently expanded to sell groceries and household goods. We the agents feel that the business has further scope to expand with its current range and is operating within deliberately restricted trading hours due to owners’ lifestyle choice
ACCOMMODATION COMPRISES
- Entrance through recessed, overhung entrance with part glazed door into
MAIN RETAILING AREA
9.22m x 4.69m (30' 3" x 15' 5") – Comprehensively fitted out with slat boarding and racking for display purposes, suspended ceiling throughout with inset strip lighting and mixture of tiled and carpet flooring. To the rear there is comprehensive shelving with stationery, cards and other household wares and to front the lock up shop has been fitted out with large wall mounted racking for display of magazines and papers, three upright glass fronted fridges (1 x Lucozade and 1 x Coca Cola, both on loan) together with serving counter with electric till and cigarette gantry to rear and large confectionery display to front.
To the rear of the retailing area is a cupboard/ lobby area with
EXTERNAL CLOAKROOM
- Comprising of WC and wash hand basin
OUTSIDE
- To the front of the business is a pedestrian pavement and free off-road parking opposite for patrons only
OPENING HOURS
- Monday to Friday 6.00 am to 1.00 pm and 2.00 pm to 5.00 pm
Saturday 6.00 am to 1.00 pm
Sunday 7.00 am to 11.00 am
FIXTURES & FITTINGS
- Trade fixtures, fittings and equipment with exception of vendor’s private inventory, will be included in this leasehold sale. Full inventory will be made available prior to exchange of contracts. Stock to be purchased at valuation on day of completion
SERVICES
- Mains electricity, water and drainage are all connected. However, no testing of these services have been undertaken by the Agents, Lake & Ware, Commercial
TENURE
- Leasehold. Lease of 15 years from March 2006 with three yearly rent reviews and a current passing rent of £5,000 pa
LEGAL FEES
- Ingoing tenant to pay Landlord’s reasonably incurred lease assignment/set up costs
BUSINESS RATES
- Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk
- Foxhole Newsagents is located in a densely populated residential area of Torbay and lies within close proximity to local schools and with easy access out onto the A380 trunk road
TENURE
- Leasehold. Lease of 15 years from March 2006 with three yearly rent reviews and a current passing rent of £5,000 pa
LEGAL FEES
- Ingoing tenant to pay Landlord’s reasonably incurred lease assignment/set up costs
- Monday to Friday 5.30 am to 1.00 pm and 2.00 pm to 5.30 pm
Saturday 5.30 am to 1.00 pm
Sunday 6
North Yorkshire
£ 750,000
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