Well fitted COUNTER NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, HO
Price:
Leasehold - £125,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP with double door, tiled floor, suspended ceiling with concealed lighting. Fully equipped including retail counter, cigarette gantry (on loan), ice cream glass topped display deep freeze, 1 glass topped deep freeze (used for frozen foods), modern adjustable shelving, centre display gondola, 1 open cool display unit, 2 upright glass fronted drinks display fridges, 1 double door glass fronted drinks display fridge. Post Office counter (2 positions) with anti-bandit screen. 16 cameras, 4 monitors plus recording.
The vendor wants us to point out this is an Off license.
Stockroom
2 staff w.c's, wash hand basin
WE ARE INFORMED the retail business is at present let on a management contract with the manager paying the present tenant £600 per month rental, however, we understand vacant possession can be given on completion. We are informed the turnover in respect of the retail shop is in the region of £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Post Office salary £55,000 p.a. approx. (The business has an external ATM machine and the commission paid we understand is incorporated in the sub post office salary).
We understand the entire premises are held on a new 20 years Council lease from the 29th September, 2011 at a rental of £13,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,400 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
RECUDED FOR EARLY SALE
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade of 4 shops, residential area, HERTFORDSHIRE
Retail Shop
Monday - Saturday inclusive - 7.30 a.m. - 7 p.m.
NO SUNDAY TRADING
SUB POST
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING (new combination boiler), is at present let on a shorthold tenancy and provides a rental income of £750 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Fully fitted kitchen
North Yorkshire
£ 750,000
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